Definition of Expense account:
Money advanced to a salesperson, or any other employee or officer of a firm, for food, travel, accommodation, entertainment of clients, and other such expenses considered necessary to make sales or to get a job done.
An arrangement under which sums of money spent in the course of business by an employee are later reimbursed by their employer.
How to use Expense account in a sentence?
- The press were still sleeping off their expense-account excesses.
Meaning of Expense account & Expense account Definition