Expensible
Expensible describes something that is able to be dispensed with, discarded, or considered unnecessary; essentially, something that is non-essential. It signifies an item, service, or aspect of a plan that could be eliminated without critical detriment or that can be realistically afforded. The determination of expendability often involves cost-benefit analysis, considering factors such as budget constraints, efficiency gains, or potential impact on operations or outcomes. Resources or elements deemed expensible are, by their nature, potentially subject to reduction or elimination to optimize performance or reduce costs.
Expensible meaning with examples
- During the budget review, several departmental perks like premium coffee and catered lunches were deemed expensible. The financial analyst presented data showing significant cost savings with minimal impact on employee productivity. This was done to free up resources for essential upgrades. The organization was looking at ways to optimize their annual budget.
- In the initial draft of the project, the extravagant marketing campaign, emphasizing expensive celebrity endorsements, was deemed expensible by the board. After reviewing market research, management decided on a less costly approach. This would focus on digital strategies to reach the target demographic and it would still result in considerable reach.
- Due to the company's current state of financial issues the executive team identified the private jets used by executives as expensible in an effort to stay afloat. Following the announcement of eliminating this service, the leadership team expressed that this was necessary. This decision allowed the business to maintain employee headcount.
- After a complete assessment, the IT department decided that the existing software licenses for underutilized applications were expensible. By consolidating vendors and eliminating unnecessary programs, the team would greatly reduce IT overhead. The business also planned to increase security and compliance standards.
