Expense/ɪkˈspens/ Definition 1 of 4Pro Tip 1/3Financial Priority Indicates an important financial consideration, often suggesting high cost. Securing a good education is an expense worth investing in. Pro Tip 2/3Everyday Usage Commonly refers to typical costs associated with daily life or routines. Monthly expenses such as rent and utilities are my main financial concern. Pro Tip 3/3Budgeting Term Often used in the context of managing finances or when budgeting personal earnings. I track all my expenses in an app to manage my budget better.