ordinary expense
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 290 U.S. 111 - Welch v. Helvering · 1933Most cited · 14,753 citing opinions
Ordinary in this context does not mean that the payments must be habitual or normal in the sense that the same taxpayer will have to make them often. The situation is unique in the life of the individual affected, but not in the life of the group, the community, of which he is a part. At such times there are norms of conduct that help to stabilize our judgment, and make it certain and objective. The instance is not erratic, but is brought within a known type.