(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.
BREAKING DOWN 'Expense'. 1. Expenses are the opposite of revenues. Examples of expenses include payments to suppliers, employee wages, factory leases and depreciation. 2. Tax authorities frequently have very specific regulations that allow people to deduct certain expenses if used for business-related activities.