Business terms and jargon explained. Your business dictionary

What is Business Expenses

Is payments made by an employee on behalf of the employer in the execution of his duties. There are two types of expenses, tax deductible and non-tax deductible. This all depends on the tax district and country you are in. Speaking to your accountant should clarify these matters.

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Term created / updated 2005-07-16 23:12:15

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.