What is recurrent expenditure?

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What is recurrent expenditure?

The word recurrent is derived from the word ”recur” which is a verb which according to Merriam-Webster dictionary means “to occur again after an interval.” Hence we can say that recurrent expenditure is that expenditure which happens again and again.

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Geoffrey Kerosi is a prolific Kenyan writer based in Nairobi City. Email: info@kerosi.com. Skype: gkerosi Whatsapp: +254713 639 776 YouTube: Kerosi TV

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