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.
Expense Versus Expenditure. An expenditure is a payment, while an expense is a cost that is reported on the profit-and-loss statement. Sometimes the expense can be the same thing as the expenditure. For example, salaries are expenditures that are expenses as well. In other cases, they are completely different.dministrative and operational expenses are subtracted from the gross margin, as is depreciation, to arrive at operating income. A capital expenditure is not treated as a revenue expenditure on the income statement or the balance sheet.