The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

MIXED EXPENSES Definition & Legal Meaning

Definition & Citations:

An expense against a tangible and an intangible asset. A charge must be broken down to reflect separate assets when a tangible and intangible asset cost must be allocated to one account. An example is a salary for a salesman and the price for the salesman’s car gas are allocated to separate accounts.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.