Discretionary expense,
Definition of Discretionary expense:
The term discretionary expense refers to a cost that a business or household can get by without, if necessary. Discretionary expenses are often defined as nonessential spending or, in other words, wants rather than needs. This means a business or household is still able to run even if all discretionary consumer spending stops. Meals at restaurants and entertainment costs are examples of discretionary expenses.
Expenses are divided into several categories, namely non-discretionary and discretionary. While non-discretionary expenses are considered mandatory—housing, taxes, debt, groceries—discretionary expenses are any costs incurred above and beyond what is deemed necessary. These are generally considered wants, while non-discretionary expenses are usually referred to as needs. As such, discretionary expenses rarely have anything to do with a business or household's day-to-day operations and, instead, have to do with lifestyle and choice.
An account to record unusual purchases or fees for the course of business operations. For example, a meal at a 4-star restaurant for a prospective client.
How to use Discretionary expense in a sentence?
- Tracking discretionary expenses enables businesses and households to identify where they can save money in times of financial difficulties.
- A discretionary expense is a cost that is not essential for the operation of a home or a business.
- Discretionary expenses vary depending on the business or person.
- In a corporate environment, discretionary expenses are usually costs linked with improving a company’s standing with its customers and employees.
Meaning of Discretionary expense & Discretionary expense Definition
Discretionary Expense,
Discretionary Expense:
The term discretionary spending refers to expenses that business people or families can take home, if necessary. Extra expenses are often interpreted as unnecessary expenses, in other words, wants instead of needs. This means that the business or family can continue to run even if all consumer spending is cut off. Food and entertainment expenses are an example of discretionary spending.
- Additional expenses are expenses that are not material to run a house or business.
- In the corporate environment, discretionary spending is often an expense that enhances the company's reputation with its customers and employees.
- Tracking discretionary spending helps businesses and families identify where they can save money in times of financial difficulties.
- Discretionary costs vary from company to company.
Literal Meanings of Discretionary Expense
Discretionary:
Meanings of Discretionary:
Available for use at user's discretion.
Sentences of Discretionary
Rules are certainly less flexible than explicit policies
Synonyms of Discretionary
elective, voluntary, non-mandatory, optional, open to choice, at one's discretion, non-compulsory, up to the individual
Expense:
Meanings of Expense:
The price of something, the money spent on something.
Sentences of Expense
Up to Rs 17,500 can be collected in capital expenditure this year
We order apparel at a high price
Synonyms of Expense
cost, price
Discretionary Expense,
Discretionary Expense means,
The term discretionary spending refers to expenses without which companies or consumers can receive money when needed. Discretionary expenses are often described as unnecessary expenses, or in other words, needs rather than needs. That is, if a user or a used car can still work if all consumer expenses are stopped. Food and entertainment expenses are an example of discretionary spending.
- Discretionary expenses are expenses that are not related to the work of a company or business.
- In the corporate environment, discretionary spending is often an expense associated with building a company's reputation with its customers and employees.
- Discretionary cost tracking allows businesses and consumers to see where they can save money in times of financial difficulties.
- Arbitrary fees vary by company or individual.
Literal Meanings of Discretionary Expense
Discretionary:
Meanings of Discretionary:
Available at user's discretion.
Sentences of Discretionary
The discretionary bonus increased at the end of the year.
Synonyms of Discretionary
unrestricted, permissive, discretional
Expense:
Meanings of Expense:
The cost or need for something.
Compensation as an expense in taxable income (item of expenses).
Sentences of Expense
Up to $ 17,500 in capital costs can be recovered this year.
Synonyms of Expense
figure, amount, rate, tariff, levy, outlay, damage, charge, payment, fee, toll
Discretionary Expense,
What is The Definition of Discretionary Expense?
Discretionary Expense refers to Discretionary expenses are expenses that a company or corporation can incur if necessary. Discretionary expenses are often described as intangible expenses. That is, a company or a used car can survive even if all consumer spending is stopped.
- Discretionary expenses are expenses that are not material for the company or business operations.
- In the corporate environment, discretionary spending is often the cost of improving a company's relationships with its customers and employees.
- Discretionary spending tracking allows businesses and consumers to see where they can save money in times of financial difficulties.
- Arbitrary fees vary by company or individual.
Literal Meanings of Discretionary Expense
Expense:
Meanings of Expense:
Compensation (expenses) as taxable income expenses.
Sentences of Expense
Investments can be charged up to ,500 17,500 this year.