What is Expenditure?
In [[economics]] an '''expenditure''' is when a [[company]] buys fixed assets that will create a [[benefit]] in the future, or when the company upgrades existing assets so that they can be used for a longer time. This constitutes an [[investment]], as the benefits of the use usually last much longer than the fiscal year. [[Depreciation]] also happens: the cost that the company took to upgrade or buy the assets will usually not be deducted directly, in one year; depending on the form of calculation used, a part of the cost will be deducted each year, as a form of [[expense]]. {{Wiktionary}} {{stub}} [[Category:Economics]]