deferred expense

A cost incurred by a business when the business expects to benefit from that cost over a period beyond the current year.

• An example is a prepaid subscription to a business periodical the cost of which will be recognized as an expense over a multiyear subscription period. [Cases: Internal Revenue 3372.]

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词条贡献者

译者崇载，国际名校知识产权法专业，擅长翻译有关人工智能、机器学习和机器人技术领域的法律文件。