line item

  

Definition

A unit of information in a document, record, or statement, shown on a separate line of its own. Line items often refers to a budget element that is separately identified.

Use line item in a sentence

  • You may want to keep an eye out for any line item that looks out of place and remember to do more research on it later.

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  • When looking at multiple monetary categories of a business such as revenue, cost of sales, gross profit, admin expenses, etc. it is most helpful to have these displayed on separate line items on the document, to avoid confusion.

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  • I was shown the line item and I was told to do something with it, but I didn't really know what it was.

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