SG&A Definition & Application Wiki

SG&A Definition & Application Wiki

Last Updated by WikiWealth

Short Definition

SG&A = Sales, Growth and Administrative

In common usage, an expense or expenditure is an outflow of money to another person or group to pay for an item or service, or for a category of costs. For a tenant, rent is an expense. For students or parents, tuition is an expense. Buying food, clothing, furniture or an automobile is often referred to as an expense. An expense is a cost that is "paid" or "remitted", usually in exchange for something of value. Something that seems to cost a great deal is "expensive". Something that seems to cost little is "inexpensive".

Long Definition

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Source: http://en.wikipedia.org/wiki/Expense