OPERATING EXPENSE • FREE TRANSLATOR.ORG • Definition of Operating expense

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/ˈɑpərˌeɪtɪŋ ɪkspˈɛns/ Listen

Operating expense

noun

The expense of maintaining property (e.g., paying property taxes and utilities and insurance); it does not include depreciation or the cost of financing or income taxes. Synonyms: budget items, operating cost, overhead.

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Etymology of 'Operating expense'

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"Operating expense" Quotes from Famous Books

... objects about five miles out, and by the time the gyro compass and numerous other devices had been explained to us, we were ready to believe that the ship cost seven million dollars, and that five thousand dollars was the daily operating expense (two thousand dollars of which was spent for the one thousand gallons ...

— The Log of the Empire State • Geneve L.A. Shaffer

Words linked to "Operating expense" : tax, overhead, expense, taxation, operating budget, disbursal, revenue enhancement, disbursement