(up) to the hilt. âº Something that is done (up) to the hilt is done completely and without any limits: The government is already borrowing up to the hilt. (Definition of â(up) to the hiltâ from the Cambridge Advanced Learnerâs Dictionary & Thesaurus Â© Cambridge University Press) Translations of â(up) to the hiltâ.
accounting cost - actual expenses, plus depreciation. 1  more concerned with past performance. 2  depreciation expenses calculated for capital equipment.  more connected to the IRS than economic cost.
Expenses are the costs that businesses incur in the day to day business activities. Expenses are incurred in the current period, and payments are made as and when the business incurs the expenses. Expenses are recorded in the companyâs income statements, and they reduce the levels of profitability of the firm.