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What Are Expenses? Definition, Types, and Examples

An expense is money spent to acquire something — expenses includes daily transactions everyone encounters (like paying a phone bill) and big purchases made by companies (like buying a new piece of machinery). While some people may track their personal expenses for budgeting purposes, businesses and accountants have strict guidelines on what counts as an …

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Businessperson reviewing monthly expenses
How Can You Tell if An Employer Values Diversity and Inclusion in the Workplace?

Diversity and inclusion in the workplace can feel like a buzz phrase, but in practice, it’s a way to make all employees feel supported and empowered to succeed at work. Some companies do the bare minimum and post pledges on their websites, while others do the real, challenging work and advocate for resources, programs, and …

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two women sitting on a bench, laughing and gesturing toward a document.
What Are Capital Expenditures (CapEx)?

CapEx or capital expenditures are investments a company makes into long-term assets. These long-term assets are resources the company will use for many years, such as an office building or production machinery. Understanding capital expenditures and how they affect a company’s future financial performance is vital for accountants and business professionals.  In this guide, we’ll …

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What Is CapEx - Capital Expenditures?
Product Manager Career Path: What’s the Trajectory?

When it comes to picking a career, you may have considered something broad like business. But within that general category are smaller subcategories, like sales, marketing, and customer success. Another subcategory is product management, and the product manager career path can give you a wide range of experiences and skills that will serve you no …

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Picture of a product manager
What Is a Cloud Security Engineer?

Cloud security engineers have become increasingly essential to companies across many industries as cloud-based cybercrime becomes more widespread and pernicious. As a type of security engineer, cloud security engineers are responsible for designing, implementing, and maintaining the security of an organization’s cloud computing environment to protect against cyberthreats. Ready to learn more about a cloud …

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What Is a Cloud Security Engineer?
What Is an Expenditure?

An expenditure is a purchase of services or goods. Everyone experiences expenditures in their day-to-day activities, like buying groceries. However, in business and accounting, expenditures are a bit more complicated.  In this guide, we’ll go over:  Expenditure Definition An expenditure is simply a purchase of products, goods, or services. Anyone can incur one: Buying a …

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Couple reviewing their small business expenditures
Careers in UX Design Roundtable: 5 Designers Share How They Navigate the Industry

User experience (UX) design roles rarely look the same. The role of a UX designer depends significantly on the employer you work for. Because every company has different needs, audiences, and products, each defines UX design differently. UX designers work on everything from websites to mobile apps to enterprise and desktop applications.  Ultimately, a UX …

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Five designers for Forage roundtable
What Is a Product Manager?

When you think about the products you use regularly, you may not consider how they came to be. The coffee maker you use to start your day or the weather app you use to figure out which coat to wear exists in large part because of the efforts of a product manager. A product manager …

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A woman acting as a product manager