organization expense
n. A deduction allowed to a newly formed corporation or partnership incurred establishing that company, which may be spread over a period of not more than five years.

Webster's New World Law Dictionary. . 2000.

Look at other dictionaries:

  • organization expense — noun the cost (over a period of five years) of organizing a new corporation or partnership • Hypernyms: ↑business expense, ↑trade expense …   Useful english dictionary

  • expense — ex‧pense [ɪkˈspens] noun 1. [countable, uncountable] ACCOUNTING an amount of money that a business or organization has to spend on something: • Most advertisers look upon advertising as an expense and not an investment, which is a mistake. • The… …   Financial and business terms

  • Expense management — The system and/or systems deployed by a business to process, pay, and audit employee initiated expenses. These costs include, but are not limited to, expenses incurred for travel and entertainment. Expense management includes the policies and… …   Wikipedia

  • Organization for Security and Co-operation in Europe — OSCE redirects here. For other uses, see OSCE (disambiguation). Organization for Security and Co operation in Europe (OSCE) …   Wikipedia

  • expense — 01. Whenever we go skiing, we try to go in a group, so we can share [expenses] such as transportation, accommodation and food. 02. Some couples count all their [expenses] to make sure that each person pays his portion. 03. Our household… …   Grammatical examples in English

  • Organization of the United States Marine Corps — The United States Marine Corps is organized within the Department of the Navy, which is led by the Secretary of the Navy (SECNAV). The most senior Marine officer is the Commandant of the Marine Corps, responsible for organizing, recruiting,… …   Wikipedia

  • expense — 1) A sum spent for goods or services, which therefore no longer represents an asset of the purchasing organization. Expenses are normally shown as charge against profit in the profit and loss account 2) A sum of money spent by an employee during… …   Big dictionary of business and management

  • expense account — 1) An account, opened in either the cost ledger or the nominal ledger, for each expenditure heading in which the costs of an organization are recorded before being totalled and transferred to the profit and loss account at the end of an… …   Accounting dictionary

  • expense account — 1) An account, opened in either the cost ledger or the nominal ledger, for each expenditure heading in which the costs of an organization are recorded before being totalled and transferred to the profit and loss account at the end of an… …   Big dictionary of business and management

  • business expense — noun ordinary and necessary expenses incurred in a taxpayer s business or trade • Syn: ↑trade expense • Hypernyms: ↑expense, ↑disbursal, ↑disbursement • Hyponyms: ↑organization expense, ↑ …   Useful english dictionary

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