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Term of the Day expenditure Payment of cash or cash-equivalent for goods or services, or a charge againstavailable funds in settlement of an obligation as evidenced by an invoice,receipt, voucher, or other such document. See also revenue expenditure, capital expenditure. Learn more about this term Usage Example The expenditure of time and money on the project exceeded what was originally budgeted.

Featured Article Top 10 Apps for Work Findings different apps and programs to support you in the work place can be overwhelming as the number of options out there is vast. This top 10 list will help... Read this article

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