MINOR EXPENSE Meaning and
Definition
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A minor expense refers to a relatively small or insignificant cost incurred for various purposes, such as personal, business, or organizational needs. It denotes expenditures that are not considered substantial in comparison to the overall budget or financial resources available. These expenses typically do not have a significant impact on the financial state or profitability of an individual, a company, or an institution.
Minor expenses are often categorized as routine or day-to-day expenses that occur frequently but do not require substantial financial commitment. Examples of minor expenses may include everyday items like stationery, office supplies, transportation fares, small repairs, or low-cost meals. These expenses typically do not necessitate complex budgeting or extensive financial planning.
While small in scale, minor expenses can still accumulate over time and may need to be tracked and managed efficiently. Maintaining a record of such expenses helps individuals or organizations analyze their spending patterns, identify areas of cost-saving opportunities, and make informed decisions regarding budget allocation and resource management.
Overall, a minor expense refers to a small financial outlay that does not pose a significant burden or have a substantial impact on financial stability or profitability.
Common Misspellings for MINOR EXPENSE
- ninor expense
- kinor expense
- jinor expense
- munor expense
- mjnor expense
- mknor expense
- monor expense
- m9nor expense
- m8nor expense
- mibor expense
- mimor expense
- mijor expense
- mihor expense
- minir expense
- minkr expense
- minlr expense
- minpr expense
- min0r expense
- min9r expense
Etymology of MINOR EXPENSE
The word "minor" originated from the Latin word "minor", which means "less" or "smaller". It came into English through Old French as "menor" and eventually evolved into "minor" in Middle English. "Expense", on the other hand, comes from the Latin word "expensa", meaning "disbursements" or "cost". It also made its way into English through Old French, where it was "espense" or "despence" before becoming "expense" in Middle English. Therefore, the etymology of the term "minor expense" is a combination of Latin and Old French roots, indicating a lesser or smaller cost or disbursement.
Similar spelling words for MINOR EXPENSE
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