Types of Gloves Gloves can be made from a wide array of materials, each with different properties and uses. Some of the common materials used to make gloves include, leather, cotton, latex, canvas, metal mesh and more. Beware if you are allergic to latex and other materials that can cause irritation to your skin.
Expense is defined as the cost of something. 1  An example of an expense is the financial burden of buying a brand new car. 2  An example of an expense is the potential lost time in a project after the direction is changed. 3  Obs. the act of expending; a spending or using up. 4  financial cost; fee; charge.  any cost or sacrifice.
The expense must be ordinary. The expense must be necessary. It must be an expense as opposed to a capital expenditure. The expense has to be paid or incurred during the taxable year. The expense has to be in carrying on the activity. The activity has to be a trade or business activity the part for.