In the broadest sense, any outflow of cash from the treasury of an economic entity – household, business, public agency – regardless of the purpose, such as purchase of goods and services, loan, tax payment, or donation. The opposite of expenditure is revenue. – Monetary payments – i.e. payments – of public budgets according to the established budget. – In accounting, a generic term for Disbursements (cash outflows from operations), disposals of gen receivables (including securities) and additions of gen liabilities (including accruals); expenses = disbursements plus increase in liabilities minus decrease in receivables. – See outflow, outlay, disbursement, expense, expense, payment, income, expense, funds, trading cost, cost, expense, payment.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
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