maintenance expenses
Keeping things working
Maintenance expenses are the ongoing costs of keeping something in working condition—routine repairs, upkeep, and preservation rather than major improvements or replacements.
The term appears most often in business accounting and property management: Maintenance expenses for the building include landscaping and HVAC servicing.
Distinguished from capital expenditures, which add value or extend useful life.
- repair costsCharges for fixing something
- wear and tearGradual damage from use
- operating costsRegular expenses for functioning
- utility billsFees for household services
- janitorial servicesProfessional building cleaning
inspection fees · safety audits · plumbing services · service contracts · cleaning supplies · pest control · monitoring systems · software updates · compliance checks · groundskeeping · lawn care · property taxes · training programs
maintenance expensescapital expenditures
Spending on lasting assets
purchase price · capital improvements · initial investment · construction costs · development costs
maintenance, expenses, maintain, expense, expend, expenditure, expending, expended, expends