Outrageously Funny Word Dictionary :: Sessionary

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What is the definition of sessionary? 🙋

👉 Sessionary is a term in financial accounting that refers to the "ordinary and customary" expenses of a company, such as salaries, rent, utilities, and other operating costs. These expenses are typically paid on a monthly basis or annually by the company's employees or owners, rather than being paid at the end of each fiscal year. Sessionary expenses can vary widely depending on the industry, size, and location of the company, and they may be subject to different tax rates and regulations.


sessionary

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