- 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. Susan Ellis Wild. 2000.
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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
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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