trade expense

Definitions of trade expense
  1. noun
    ordinary and necessary expenses incurred in a taxpayer's business or trade
    synonyms: business expense
    see moresee less
    types:
    organization expense
    the cost (over a period of five years) of organizing a new corporation or partnership
    promotional expense
    the cost of promoting a product
    type of:
    disbursal, disbursement, expense
    amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures)
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