Expense vs Debt - What's the difference?
expense | debt |
A spending or consuming. Often specifically an act of disbursing or spending funds.
* , Sonnet 44:
That which is expended, laid out, or consumed. Sometimes with the notion of loss or damage to those on whom the expense falls.
(obsolete) Loss.
* , Sonnet 30:
To charge a cost against an expense account; to bill something to the company for which one works.
An action, state of mind, or object one has an obligation to perform for another, adopt toward another, or give to another.
* 1589 , (William Shakespeare), Henry IV, Part I , act 1, sc. 3,
* 1850 , (Nathaniel Hawthorne), (The Scarlet Letter) , ch. 14,
The state or condition of owing something to another.
Money that one person or entity owes or is required to pay to another, generally as a result of a loan or other financial transaction.
* 1919 , (Upton Sinclair), Jimmie Higgins , ch. 15,
* {{quote-magazine, date=2013-06-22, volume=407, issue=8841, page=70, magazine=(The Economist)
, title= (legal) An action at law to recover a certain specified sum of money alleged to be due.
As nouns the difference between expense and debt
is that expense is a spending or consuming often specifically an act of disbursing or spending funds while debt is an action, state of mind, or object one has an obligation to perform for another, adopt toward another, or give to another.As a verb expense
is to charge a cost against an expense account; to bill something to the company for which one works.expense
English
Noun
(wikipedia expense) (en noun)- She went to great expense to ensure her children would get the best education.
- Buying the car was a big expense , but will be worth it in the long run.
- We had a training weekend in New York, at the expense of our company.
- Husband nature's riches from expense .
- Jones reached the final at the expense of Jones, who couldn´t beat him.
- And moan the expense of many a vanished sight.
Synonyms
* (that which is expended) cost, charge, outlay, disbursement, expenditure, paymentDerived terms
* expense accountVerb
- It should be acceptable to expense a business lunch with a client.
Derived terms
* expense magazine, (Military):'' a small magazine containing ammunition for immediate use. - Henry Lee Scot ''Military Dictionary ----debt
English
(wikipedia debt)Alternative forms
* (l) (obsolete)Noun
(en noun)- Revenge the jeering and disdain'd contempt
- Of this proud king, who studies day and night
- To answer all the debt he owes to you
- Even with the bloody payment of your deaths.
- This long debt of confidence, due from me to him, whose bane and ruin I have been, shall at length be paid.
- Bolsheviki had repudiated the four-billion-dollar debt which the government of the Tsar had contracted with the bankers.
Engineers of a different kind, passage=Private-equity nabobs bristle at being dubbed mere financiers. Piling debt onto companies’ balance-sheets is only a small part of what leveraged buy-outs are about, they insist. Improving the workings of the businesses they take over is just as core to their calling, if not more so. Much of their pleading is public-relations bluster.}}
- (Burrill)
