Line item

Line item,

Definition of Line item:

  1. An entry that appears on a separate line in a bookkeeping ledger or a fiscal budget.

  2. 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?

  1. I was shown the line item and I was told to do something with it, but I didnt really know what it was.
  2. 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.
  3. 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.
  4. Court funding, lacking a separate line item in the federal budget, was haphazard and severely inadequate.

Meaning of Line item & Line item Definition