Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE31 PUBLIC FINANCIAL ADMINISTRATION |
CHAPTER353. State Financial Administration |
STATE ACCOUNTING PROCEDURES LAW |
NRS353.3027. “Expenditure” defined.
Latest version.
- “Expenditure” means the cost of goods delivered or services rendered, whether paid or unpaid, any provision for debt retirement not reported as a liability of the fund from which retired, and any capital outlays. For financial reporting, the term does not include an encumbrance.
(Added to NRS by 1977, 38; A 1987, 623)