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Expense budget planning is an important part of any budget. An expense budget is a list of forecasted expenses within a set amount of time. An expense budget could cover a quarter, an entire year or just a month.
Definition of expense for English Language Learners. : 1  the amount of money that is needed to pay for or buy something. : 2  an amount of money that must be spent especially regularly to pay for something. : 3  something on which money is spent.