what are expenditures
What are Government Expenditures? My Accounting Course 2017-10-04T22:21:47+00:00 Definition: Government expenditure refers to the purchase of goods and services, which include public consumption and public investment, and transfer payments consisting of income transfers (pensions, social benefits) and capital transfer. What Does Government Expenditures Mean? What is the definition of government expenditures? A government spends money towards the supply of goods and services that are not provided by the private sector but are important for the nationâs welfare.