What Is Recurrent Expenditure?


Recurrent expenditure is the cost that a business incurs to ensure efficient and smooth operation of the business. It mainly involves paying resources and bills that will always be there.
Q&A Related to "What Is Recurrent Expenditure?"
In a short and comprehensive way of my own understanding recurrent expenditure can be define as an expenditure that occurred after the existing expenditure had already be made for
Subsidy: 1. Economic benefit (such as a tax allowance or duty rebate) or financial aid (such as a cash grant or soft loan) provided by a government to (1) support a desirable activity
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