What Is Recurrent Expenditure?
Last Updated Apr 5, 2020 1:47:51 AM ET

Recurrent expenditure refers to payments made by governments or organizations for all purposes except capital costs. Recurrent expenditure includes payments made on goods and services as well as interest and subsidies.
Recurrent expenditures are typically made more than once, and may even be made on a scheduled basis. Some expenses, such as wages and salaries made to employees by companies, are made periodically on a weekly or bi-weekly basis. Recurrent expenditures exclude payments for capital assets, such as stock, bonds and property. Capital and recurrent expenditure are considered to be overall expenditure, and account for all fees and net lending that is doled out by governments.
More From Reference

How to Use Quizlet Live for Virtual Learning

What Is the Lincoln Project — and Why Will It Matter Post-Election?

What Features Does Infinite Campus Offer for Students?

Stay Up-to-Date in 2021 With These Custom Photo Calendar Ideas

How to Change Your Mailing Address Online

10 Must-Watch TED Talks That Have the Power to Change Your Life