Incurred Cost

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EXPENSE

Definition 1:
The amount of money that is needed to pay for or buy something often used after at see also at someone’s expense (below) If you spare no expense, you spend as much money as you need to in order to make something as good as possible. .

Examples:
I’d like to save the time and expense [=cost] of redoing the whole thing.
I don’t think a first-class ticket is worth the added/extra expense.
These items were imported at great/considerable/enormous expense. [=it cost a lot to import them]
We were able to fix the problem at very little expense. [=for very little money]
The repairs were made at no expense to us. [=without costing us anything]
When they go on vacation, they spare no expense.
They spared no expense in building the house.
Definition 2:
An amount of money that must be spent especially regularly to pay for something usually plural .

Examples:
The annual fee is simply an expense of doing business.
Their expenses [=expenditures] were getting far ahead of their income.
We need to find a way to control expenses.
Cutting back on expenses
Legal/medical/household expenses [=costs]
I’m concerned about the project’s hidden expenses.
You’ll have to pay your own travel/traveling expenses.
An all-expenses paid trip [=a journey for which all costs are already paid]
Definition 3:
Something on which money is spent .

Examples:
A new car is a major expense.
My new computer was a business expense. [=something I had to buy in order to do business]

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