Expenditure defines as payment of cash or cash-equivalent for goods or services, or a charge against available funds in settlement of an obligation as evidenced by an invoice, receipt, voucher, or other such document. Expense tells about something spent to attain a goal or accomplish a purpose: an expense of time and energy on the project. The money spent or cost incurred in an organization's efforts to generate revenue, representing the cost of doing business. Expenditures would usually be used to refer to chunks of money companies spend for certain things: such as "capital expenditures." Expenses is more often used to refer to money individuals spend, such as "business trip expenses," "gas expenses," "food expenses," etc. expenses=individual, expenditure=larger

"Expense" is commonly used in reference to money--an expense for business. Expense is an any amount paid for goods and services. Example: gas and electricity bills etc. "Expenditure" is any amount paid for increase in assets of business, like raw materials or furniture for Business and so on. The benefit derived from incurring a expenditure may not be limited to the period concerned where as the benefits derived from a expense are consumed in the same period In everyday usage (ie we are not discussing technical accounting here), "expenses" is a subset of "expenditures". Expenditure can apply to any outflow of money for any purpose. Expense is more circumscribed - applying to money spent to cover costs. So for instance purchasing a book of postage stamps is usually referred to as an expense. But you could also refer to it as an expenditure on stamps. The phrases "household expenses" and "household expenditures" are pretty interchangeable. But there are certain expenditures that would not usually be referred to as expenses. For instance, a collector of antique stamps would refer to the purchase of a rare antique stamp as an expenditure, not as an expense.