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.
Expenses represent a deduction from revenue recorded in the calculation of net earnings for the period. If the company is buying and selling investments using their excess cash, realized losses would be called an expense. If a profit was made, it would be called other income.. The systematic write off of long-lived assets (also called fixed asset) is called depreciation or amortization expense.