What is The Definition of Allowable Expenses?
Expenditure exclusively for commercial purposes, ie fully and exclusively for commercial purposes. Examples include vehicle operating costs, rent, repairs and accounting costs.
Literal Meanings of Allowable Expenses
Meanings of Allowable:
Permitted, specifically under a series of permitted conditions.
(Amount of money) is not considered tax for tax purposes.
Sentences of Allowable
The loan agreement is extended for a maximum of three months
Taxes are paid after deducting eligible expenses
Synonyms of Allowable
above board, legitimate, acceptable, tolerable, in order, tolerated, legal, proper, permissible, authorized, admissible, within accepted bounds, within the law, approved, passable, allowed, lawful, permitted, sanctioned, sanctionable, all right, licit
Meanings of Expenses:
Incl costs or necessities of something.
Compensation over taxable profit (expenses incurred)
Sentences of Expenses
Conference rooms are expensive
Synonyms of Expenses