{"id":81059,"date":"2021-02-04T06:31:46","date_gmt":"2021-02-04T06:31:46","guid":{"rendered":"https:\/\/www.healthbenefitstimes.com\/glossary\/?p=81059"},"modified":"2021-06-14T10:18:56","modified_gmt":"2021-06-14T10:18:56","slug":"expenses","status":"publish","type":"post","link":"https:\/\/www.healthbenefitstimes.com\/glossary\/expenses\/","title":{"rendered":"Expenses"},"content":{"rendered":"

In insurance, the cost to the insurer of conducting its business other than paying losses, including acquisition and administrative costs. Expenses are included in the loading.<\/p>\n

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The using up of an asset (as in depreciation), or the cost of providing services or making a product, during an accounting period. The subtraction of expenses from revenue gives the net income.<\/p>\n

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 <\/p>\n","protected":false},"excerpt":{"rendered":"

In insurance, the cost to the insurer of conducting its business other than paying losses, including acquisition and administrative costs. Expenses are included in the loading. The using up of an asset (as in depreciation), or the cost of providing services or making a product, during an accounting period. The subtraction of expenses from revenue […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-81059","post","type-post","status-publish","format-standard","hentry","category-e"],"yoast_head":"\nExpenses - Definition of Expenses<\/title>\n<meta name=\"description\" content=\"In insurance, the cost to the insurer of conducting its business other than paying losses, including acquisition and administrative costs. 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