Maintenance Expenses

The costs incurred to keep an item in good condition and/or good working order. When purchasing an item that requires upkeep, consumers should consider not just the initial price tag, but also the item's ongoing maintenance expenses. Maintenance expenses are a major reason why home ownership can be more expensive than renting, for example. However, sometimes even items that are merely leased, not owned, such as a leased car, will require the owner to pay maintenance expenses.

Examples of maintenance expenses for automobiles include gas, oil changes, alignment, tire replacement, brake fluid and car washes. Maintenance expenses for a house include lawn care, plumbing repairs, roof repairs, hazard insurance premiums and replacement of worn out appliances.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Maintenance expenses —   That portion of operating expenses consisting of labor, materials, and other direct and indirect expenses incurred for preserving the operating efficiency and/or physical condition of utility plants used for power production, transmission, and… …   Energy terms

  • Operation and Maintenance Expenses —   Costs that relate to the normal operating, maintenance and administrative activities of a business …   Energy terms

  • MAINTENANCE — (Heb. מְזוֹנוֹת, mezonot), generally speaking, the supply of all the necessaries of the party entitled thereto, i.e., not only food, but also matters such as medical expenses, raiment, lodging, etc. (Sh. Ar., EH 73:7; see husband and wife ). When …   Encyclopedia of Judaism

  • maintenance — main·te·nance n 1 a: the act of providing basic and necessary support b: the state of having such support 2: a financial means of providing necessary assistance: as a: alimony b …   Law dictionary

  • Maintenance fee (patent) — Maintenance fees or renewal fees are fees that are paid to maintain a granted patent in force. Some patent laws require the payment of maintenance fees for pending patent applications. Not all patent laws require the payment of maintenance fees… …   Wikipedia

  • Maintenance of boiler plant — (expenses)   The cost of labor, material, and expenses incurred in the maintenance of a steam plant. Includes furnaces; boilers; coal, ash handling, and coal preparation equipment; steam and feed water piping; and boiler apparatus and accessories …   Energy terms

  • Maintenance of structures — (expenses)   The cost of labor, materials, and expenses incurred in maintenance of power production structures. Structures include all buildings and facilities to house, support, or safeguard property or persons.   U.S. Dept. of Energy, Energy… …   Energy terms

  • maintenance — The upkeep or preservation of condition of property, including cost of ordinary repairs necessary and proper from time to time for that purpose. Bogan v. Postlewait, 265 N.E.2d 195, 197. See also maintain Sustenance; support; assistance; aid. The …   Black's law dictionary

  • Maintenance supervision and engineering expenses —   The cost of labor and expenses incurred in the general supervision and direction of the maintenance of power generation stations. The supervision and engineering included consists of the pay and expenses of superintendents, engineers, clerks,… …   Energy terms

  • maintenance — noun 1 keeping sth in good condition ADJECTIVE ▪ annual, daily, regular, routine ▪ periodic ▪ These fences are fairly rugged but they require periodic maintenance. ▪ …   Collocations dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.