itemized


itemized
itemize i‧tem‧ize [ˈaɪtəmaɪz] also itemise verb [intransitive, transitive]
to present information in the form of a list, giving details about each item on the list:

• The report itemized several areas of concern.

• Taxpayers who don't itemize (= don't give a detailed list of all their expenses ) receive a standard deduction.

— itemized also itemised adjective :

• an itemized phone bill

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itemized UK US (UK also itemised) /ˈaɪtəmaɪzd/ adjective
ACCOUNTING if a bill, bank statement, etc. is itemized the things are listed separately usually including details about each one: »

We asked for an itemized bill, listing all our phone calls and how long they were.

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The auctioneers must provide an itemized inventory of the items collected and sold.

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These costs must be fully itemized, including number of hours and cost per hour.

TAX listing all of the amounts on which you do not have to pay tax: »

In some cases, we recommend making itemized deductions which can reduce your taxable income.

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The accounting agency trained its counselors to provide itemized tax returns.


Financial and business terms. 2012.