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.

More On This Topic

Link to This Definition
Did you find this definition of CURRENT EXPENSES helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary