trade expense
English Thesaurus
1. ordinary and necessary expenses incurred in a taxpayer's business or trade (noun.possession)
| hypernym | : | disbursal, disbursement, expense, |
| definition | : | amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures) (noun.possession) |
| hyponym | : | organization expense, |
| definition | : | the cost (over a period of five years) of organizing a new corporation or partnership (noun.possession) |
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