Expensable: meaning, definitions and examples

Suitable for when a cost can be recorded as an expense on a company's financial records.

• The business lunch was expensable and was added to the monthly report.
• Travel tickets are often expensable items for employees.

Used when an outlay of money can be repaid to the person or entity that paid originally.

• The cost of the conference is reimbursable.
• Travel expenses for the meeting are reimbursable.

Relevant when a cost or fee can be charged to someone, either a client, customer, or employee, often implies responsibility for payment.

• Parking fees are chargeable to the visitors.
• Extra baggage fees are chargeable to the passenger.

Used when a cost can be billed to a client or customer, often related to hours worked or services provided.

• The lawyer's time spent on the case is billable.
• Consultants report their billable hours weekly.