What is the meaning of expensive?

Answer 1

Occasioning expense; calling for liberal outlay; costly; dear; liberal; as, expensive dress; an expensive house or family., Free in expending; very liberal; especially, in a bad scene; extravagant; lavish.

Answer 2

• Expenses are money spent or cost incurred in an organization's efforts to generate revenue, representing the cost of doing business.

• Expenses may be in the form of actual cash payments (such as wages and salaries), a computed expired portion (depreciation) of an asset, or an amount taken out of earnings (such as bad debts).

• Expenses are summarized and charged in the income statement as deductions from the income before assessing income tax.

• Whereas all expenses are costs, not all costs (such as those incurred in acquisition of income generating assets) are expenses.