Definition of Line item:
An entry that appears on a separate line in a bookkeeping ledger or a fiscal budget.
A unit of information in a document, record, or statement, shown on a separate line of its own. Line items often refers to a budget element that is separately identified.
How to use Line item in a sentence?
- I was shown the line item and I was told to do something with it, but I didnt really know what it was.
- You may want to keep an eye out for any line item that looks out of place and remember to do more research on it later.
- When looking at multiple monetary categories of a business such as revenue, cost of sales, gross profit, admin expenses, etc. it is most helpful to have these displayed on separate line item s on the document, to avoid confusion.
- Court funding, lacking a separate line item in the federal budget, was haphazard and severely inadequate.
Meaning of Line item & Line item Definition