(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.
1 Prepaid expenses (or deferred expenses) are expenses paid in cash and recorded as assets prior to being used.  Other adjusting entries include depreciation of fixed assets, allowances for bad debts, and inventory adjustments.