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!