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travel and entertainment expense Finance Definition
A business expense that can be deducted from revenues that a business or sole proprietor earns for the purpose of calculating income tax. Unlike other business expenses, only 50 percent of travel and entertainment expenditures can be deducted from income taxes.

Browse dictionary entries near travel and entertainment expense

  1. ‹ travel agency
  2. ‹ travel
  3. ‹ trave
  4. ‹ travail
  5. ‹ traumatize
  6. ‹ traumatism
  7. ‹ trauma
  8. ‹ trattoria
  9. ‹ trass
  10. ‹ Trasimeno
  1. traveled ›
  2. traveler ›
  3. traveler's check ›
  4. traveling ›
  5. traveling salesman ›
  6. travelogue ›
  7. traverse ›
  8. traverse jury ›
  9. travertine ›
  10. travesty ›