expense etymology

Etymology

The word "expense" comes from the Old French word "espense," which in turn derives from the Latin word "expensum," meaning "a laying out or expenditure."

Meaning

Expense refers to a payment or cost incurred, typically for the purpose of maintaining or improving something. It can be used in the context of personal finances, business operations, or government budgets.

Origin

The concept of expense has been around for centuries, dating back to ancient civilizations. In early societies, expenses were primarily related to basic necessities such as food, shelter, and clothing. As civilizations advanced and economies grew more complex, the types of expenses expanded to include a wide range of items and services.

The idea of tracking and managing expenses has also been important throughout history. Merchants and traders kept records of their expenses to monitor their financial standing. Governments used expense accounts to budget and allocate resources.

In modern times, the concept of expense has taken on even greater significance, particularly in the context of business and finance. Businesses carefully track and manage expenses to ensure profitability and make informed decisions. Governments rely on expense accounts to allocate public funds effectively.

Usage

The word "expense" is commonly used in the following contexts:

  • Personal finances: Money spent on items such as groceries, rent, transportation, and entertainment.
  • Business operations: Costs incurred in the course of running a business, such as salaries, rent, materials, and marketing.
  • Government budgets: Appropriations for specific programs and services, such as healthcare, education, and infrastructure.

Examples

  • "My monthly expenses include rent, groceries, and gas."
  • "The company's expenses have increased significantly due to rising labor costs."
  • "The government allocated funds for healthcare expenses in the upcoming budget."

expense relate terms

  • pound

    Etymology The word pound comes from the Old English pund or pundt which itself

  • Libra

    Etymology Latin libra meaning balance or scales Meaning Libra is the seven

  • expenses

    Etymology expense n Middle English despens despensen dispense from Anglo Frenc

  • expense

    Etymology The word expense comes from the Old French word espense which in turn deri

  • frank

    Etymology The name Frank originates from the Frankish word franc which means free

  • commensal

    Etymology The word commensal originates from the Latin words com meaning with

  • damage

    Etymology The word damage comes from the Old French word damager which means to inj

  • incorrigible

    Etymology In Latin prefix meaning not Corrigere Latin verb meaning to correct i

  • finance

    Etymology of Finance The word finance originates from the Old French word finer m

  • treat

    Etymology The word treat comes from the Middle English word treten meaning to handl

  • incidental

    Etymology In prefix meaning in into or within Cident root from Lati

  • detriment

    Etymology From Middle French détriment from Latin dētrīmentum diminution loss d

  • cost

    Etymology The word cost comes from the Middle French word coster which in turn der