European Economic and Monetary Union and Opex: Difference between pages

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imported>Doug Williamson
m (Added 1 line space before see also 12/3/14)
 
imported>Doug Williamson
(Create the page. Source: The Treasurer, September 2016, p21.)
 
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(EMU).  
'''Op'''erating '''Ex'''penditure.


The system in the European Union for facilitating economic and monetary co-ordination among member states, leading to the adoption of a single European currency (the euro).  
Opex is expenditure on items which are consumed, or whose benefits are otherwise enjoyed, in the short term, generally within the current financial reporting period.
 
Opex is contrasted with capital expenditure ('capex').




== See also ==
== See also ==
* [[euro]]
* [[Capitalise]]
* [[European Monetary System]]
* [[Capital expenditure]]
* [[European Monetary Union]]
* [[Expenditure]]
* [[European Union ]]
* [[Revenue expenditure]]

Revision as of 15:11, 6 September 2016

Operating Expenditure.

Opex is expenditure on items which are consumed, or whose benefits are otherwise enjoyed, in the short term, generally within the current financial reporting period.

Opex is contrasted with capital expenditure ('capex').


See also