discretionary expense
Definition
An account to record unusual purchases or fees for the course of business operations. For example, a meal at a 4-star restaurant for a prospective client.
Related Articles
- What is a Sole Proprietorship? *
- Explanation of the Capital Gains Tax and Related Issues *
- Fundamentals of Forex Trading *
- ETF Wraps *
- Common Financial Instruments of Forex *
- What is Investing? *
- Fees and Expenses *
- Utilizing Grants and Scholarships to Pay for School *
Related Videos
http://www.businessdictionary.com/definition/discretionary-expense.html
