Definition: A spending or consuming, often a disbursement of funds.

Alright class, settle down and let’s take a look! That’s a very good definition you’ve read, quite precise and true. Let’s break it down for you, in a way that's easy to view: “Expense” means something like this, my dears, listen close with care – It’s spending , it’s 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. “Disbursement of funds” 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 it’s big or small, let's watch our spending grow! Do you have any questions about this, class? Let’s discuss with glee!

Definition: A spending or consuming, often a disbursement of funds.

Alright class, settle down now, let’s take a look! You’ve come across the word “expenses,” and you’re wondering what it means, that’s perfectly fine. The dictionary gives us a good start, saying "a spending or consuming," often with funds dispersed – a bit of a financial art! Let's break it down in a way that makes sense, a rhyme to help you commence: “Expenses” mean the costs we bear, Things we pay for, beyond compare. Think about it like this: when you buy your lunch each day, or perhaps a book to read, those are expenses . It’s anything you spend money on – Like buying school supplies, a treat, or even a new shoe. Or maybe a trip with friends, a colorful hue! Essentially, it's the total amount of money that goes out to cover things we need or want. It’s not income coming in , but rather what flows out . Do you have any questions about this? Let's discuss and make sure everyone understands – don't be shy, let your knowledge shine!