(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 definition. Costs that are matched with revenues on the income statement. For example, Cost of Goods Sold is an expense caused by Sales. Insurance Expense, Wages Expense, Advertising Expense, Interest Expense are expenses matched with the period of time in the heading of the income statement. Under the accrual basis of accounting, the matching is NOT based on the date that the expenses are paid.