👉 A spending or consuming, often a disbursement of funds.
Alright class, settle down and letâs take a look! Thatâs a very good definition youâve read, quite precise and true. Letâs break it down for you, in a way that's easy to view: âExpenseâ means something like this, my dears, listen close with care â Itâs spending , itâs using, a cost we must bear! Think of it as money going out, a little bit each day, Like buying a snack or a toy, in a whimsical way. âDisbursement of fundsâ is a fancy phrase you see, Meaning money leaving your hand, for you and for me! So an expense is anything that costs you some dough, Whether itâs big or small, let's watch our spending grow! Do you have any questions about this, class? Letâs discuss with glee!