Expenditure: Definition Expenditure is referred to as

Expenditure definition Expenditure is referred to as the act of spending time, energy or money on something. In economics, it means money spent on purchasing any goods or services. There are two categories of expenditures which are: Revenue Expenditures Capital Expenditures Revenue Expenditures Revenue expenditures are the expenditures incurred for the basis other than the creation of physical or financial assets of the central government. These are associated with the expenses incurred for ... Learn the meaning of expenditure as the spending of money or time on something, or the amount of money or time spent. Find synonyms, pronunciation, grammar, and usage examples of expenditure in British and American English. Learn the meaning of expenditure as the act or amount of spending money, and see synonyms and example sentences. Find out how to use expenditure in business, academic and everyday contexts. The Department of Expenditure is the nodal Department for overseeing the public financial management system in the Central Government and matters connected with state finances. It is responsible for the implementation of the recommendations of the Finance Commission and Central Pay Commission, monitoring of audit comments/ observations, preparation of Central Government Accounts. It further assists central Ministries/ Departments in controlling the costs and prices of public services ...