Is there a single word for "able to be expensed"? Expensable and expensible do not appear to be in any dictionary I've seen, but I'd swear I've seen them used.
“Expensable” is the right word. Here it is in eHow’s definition of expense reports:
Meals and entertainment are often expensable costs
Source: eHow, What Is the Definition of an Expense Report?
Here it is in a Wikipedia article on Capital expenditure:
Most ordinary business expenses are clearly either expensable or capitalizable
Source: Wikipedia, Capital expenditure
It’s formed by adding the highly productive suffix “-able” (meaning fit for) to the verb “expense”.
- a suffix meaning “capable of, susceptible of, fit for, tending to, given to,” associated in meaning with the word able, occurring in loanwords from Latin (laudable); used in English as a highly productive suffix to form adjectives by addition to stems of any origin (teachable; photographable).
I hear this word used all the time in my office (in Chicago). Dictionaries don’t always list every adjective that gets formed like this.