current expenditure definition

current expenditure means an expenditure, for operating purposes or for a permanent improvement, from funds other than funds,
current expenditure means spending for acquisition of all goods and services, personnel cost including salaries, emoluments and other employee benefits; and transfer payments, inclusive of interest payments, subsidies, transfers to non-financial public enterprises, public corporations, to households, abroad and to non-profit institutions which excludes all outlays that result in debt reduction and the acquisition of financial assets;
current expenditure means expenditure met from the approved estimates of the current budget in the Annual Budget Statement;

More Definitions of current expenditure

current expenditure means any expenditure other than a capital expenditure;
current expenditure means expenditure that is not development ex- penditure;
current expenditure means the net amounts expended by the council from time to time for the purposes of or connected with—
current expenditure means any expenditure on the administration, conduct and maintenance of the College which does not fall within the categories of capital expenditure as defined in paragraph 7a.
current expenditure means short-term spending on the maintenance of transport infrastructure that is fully expended in the fiscal period in which it is incurred and does not increase the asset value of the infrastructure;

Related to current expenditure

  • Recurrent Expenditure means any expenditure on the establishment, conduct, administration and maintenance of the Academy which does not fall within the categories of capital expenditure set out at clause 36. The Secretary of State shall pay two separate and distinct grants in respect of Recurrent Expenditure: General Annual Grant (“GAG”) and Earmarked Annual Grant (“EAG”).

  • Independent expenditure means an expenditure by a person:

  • Current Expenses means operating costs other than personal services and shall not

  • Capital Expenditure means expenditure on: a) the acquisition of land and buildings; b) the erection, enlargement, improvement or demolition of any building including fixed plant, installation, wall, fence or other structure, or any playground or hard standing;

  • Operating Expenditures means all Partnership Group expenditures, including, but not limited to, taxes, reimbursements of the General Partner, repayment of Working Capital Borrowings, debt service payments and capital expenditures, subject to the following: