INCIDENTAL EXPENSES Meaning and
Definition
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Incidental expenses refer to costs or charges that arise as a secondary or additional part of an overall expense or activity. These expenses are considered peripheral, accessory, or supplementary to the main or primary cost. They are typically unforeseen or unplanned and are not the central focus of the expenditure.
Incidental expenses commonly include small or miscellaneous costs that arise during a trip, such as tips, taxi fares, baggage handling fees, and other minor charges that are not included in the main travel or accommodation expenses. They may also encompass additional expenses incurred for meals, entertainment, or other incidentals during a business trip or vacation.
In the context of business operations, incidental expenses can involve charges or costs that are considered normal or necessary for conducting the company's activities but are not directly associated with the primary production or manufacturing process. These costs may include office supplies, maintenance expenses, utilities, or other incidental fees essential to the smooth functioning of the organization.
It is important to distinguish incidental expenses from major or substantial costs that form the primary component of an expense. Incidental expenses are typically smaller, auxiliary charges that arise sporadically or unexpectedly. Properly accounting and managing incidental expenses can contribute to more accurate financial planning and budgeting for individuals, businesses, or organizations.
Common Misspellings for INCIDENTAL EXPENSES
- uncidental expenses
- jncidental expenses
- kncidental expenses
- oncidental expenses
- 9ncidental expenses
- 8ncidental expenses
- ibcidental expenses
- imcidental expenses
- ijcidental expenses
- ihcidental expenses
- inxidental expenses
- invidental expenses
- infidental expenses
- indidental expenses
- incudental expenses
- incjdental expenses
- inckdental expenses
- incodental expenses
- inc9dental expenses
- inc8dental expenses
Etymology of INCIDENTAL EXPENSES
The word "incidental" originated from the Latin word "incidere", which means "to fall upon" or "to happen". It is derived from the combination of the prefix "in", which denotes "upon", and the verb "cadere", meaning "to fall". Over time, "incidental" came to refer to something that occurs in connection with or as a result of another event.
The word "expense" comes from the Latin word "expensa", which essentially means "outlay" or "cost". It is derived from the verb "expendere", meaning "to weigh out" or "to expend". "Expense" refers to the amount of money or resources spent in relation to a specific purpose.
Hence, when combined as "incidental expenses", the term represents the costs or outlays that arise as a result of or in connection with a particular event or purpose.
