expense account

expense account
a) A bank account which employees may make withdrawals from for work-related purposes.
b) An arrangement whereby an employee is reimbursed for work-related expenses.

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  • expense account — ➔ account1 * * * expense account UK US noun [C] HR, ACCOUNTING ► an arrangement in which your employer pays for the things you need to buy while doing your job: »I can put this lunch on my expense account. »expense account fraud …   Financial and business terms

  • expense account — expense accounts N COUNT An expense account is an arrangement between an employer and an employee which allows the employee to spend the company s money on things relating to their job, for example travelling or looking after clients. He put… …   English dictionary

  • expense account — expense′ account n. bus an account of business expenditures for which an employee will be reimbursed • Etymology: 1870–75 …   From formal English to slang

  • expense account — ► NOUN ▪ an arrangement under which money spent in the course of business is later reimbursed by one s employer …   English terms dictionary

  • expense account — ☆ expense account n. 1. an arrangement whereby business related expenses of an employee are paid for by the employer 2. a record of such expenses …   English World dictionary

  • expense account — noun an account to which salespersons or executives can charge travel and entertainment expenses (Freq. 1) • Syn: ↑travel and entertainment account • Hypernyms: ↑account, ↑accounting, ↑account statement * * * noun, pl ⋯ accounts [count] …   Useful english dictionary

  • expense account — UK / US noun [countable] Word forms expense account : singular expense account plural expense accounts a) a system that allows you to get back from your employer any of your own money that you have spent while working b) a record of this money …   English dictionary

  • expense account — n. to pad an expense account * * * [ɪk spensəˌkaʊnt] to pad an expense account …   Combinatory dictionary

  • Expense Account — An expense account is the right to reimbursement of money spent by employees for work related purposes. Expense accounts are regulated by the Internal Revenue Service of the United States Government and by internal auditors for many employers …   Wikipedia

  • expense account — ex pense ac.count n money that is available to someone who works for a company so that they can pay for meals, hotels etc when travelling or entertaining people for work ▪ I have an expense account and spend about £10,000 a year on entertaining …   Dictionary of contemporary English

  • expense account — /ɪk spens əˌkaυnt/ noun an allowance of money which a business pays for an employee to spend on travelling and entertaining clients in connection with that business ● I can put this lunch on my expense account …   Marketing dictionary in english

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