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Loss vs Expense - What's the difference?

loss | expense | Related terms |

Loss is a related term of expense.


As nouns the difference between loss and expense

is that loss is (lus) while expense is a spending or consuming often specifically an act of disbursing or spending funds.

As a verb expense is

to charge a cost against an expense account; to bill something to the company for which one works.

loss

English

Alternative forms

* (obsolete)

Noun

(es)
  • an instance of losing, such as a defeat
  • The match ended in their first loss of the season.
  • The result of an alteration in a function or characteristic of the body, or of its previous integrity.
  • Loss of an arm ; loss of weight ; loss of cognitive functions ; loss of appetite.
  • the hurtful condition of having lost something or someone
  • We mourn his loss .
  • (in the plural) casualties, especially physically eliminated victims of violent conflict
  • The battle was won, but losses were great.
  • (financial) the sum an entity loses on balance
  • ''The sum of expenditures and taxes minus total income is a loss , when this difference is positive.
  • destruction, ruin
  • ''It was a terrible crash: both cars were total losses
  • (engineering) electricity of kinetic power expended without doing useful work
  • The inefficiency of many old-fashioned power plants exceeds 60% loss''' before the subsequent ' losses during transport over the grid

    Usage notes

    * We often use make' or ' take a loss. See

    Antonyms

    * gain * win * (financial) profit

    Derived terms

    * loss leader * loss ratio * at a loss * for a loss

    Statistics

    *

    Anagrams

    * ----

    expense

    English

    Noun

    (wikipedia expense) (en noun)
  • A spending or consuming. Often specifically an act of disbursing or spending funds.
  • 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.
  • * , Sonnet 44:
  • Husband nature's riches from expense .
  • That which is expended, laid out, or consumed. Sometimes with the notion of loss or damage to those on whom the expense falls.
  • Jones reached the final at the expense of Jones, who couldnĀ“t beat him.
  • (obsolete) Loss.
  • * , Sonnet 30:
  • And moan the expense of many a vanished sight.

    Synonyms

    * (that which is expended) cost, charge, outlay, disbursement, expenditure, payment

    Derived terms

    * expense account

    Verb

  • To charge a cost against an expense account; to bill something to the company for which one works.
  • 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 ----