Categories
Law Term

CURRENT EXPENSES

Definition of CURRENT EXPENSES:

Ordinary, regular, and continuing expenditures for the maintenance of property, the carrying on of an ollioe, municipal government, etc. Sheldon v. Purdy, 17 Wash. 135, 49 Pac. 228; State v. Board of Education. 08 N. J. Law, 490, 53 Atl. 230; Babcock v. Goodrich, 47 Cal. 510.