operating expenses
Definition
Those incurred in carrying out a firm's day to day activities, but not directly associated with production. Operating expenses include payroll, sales commissions, employee benefits and pension contributions, transportation and travel, amortization and depreciation, rent, repairs, and taxes, etc. Also called non-manufacturing expenses, these expenses are usually subdivided into selling expenses and administrative and general expenses.
operating expenses is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
operating expenses appears in the definitions of the following terms:
operating income,
net operating income,
imprest amount,
net operating loss (NOL),
sales-revenue driven expenses,
operating funds,
operating loan,
cash book,
operating expenses to gross income ratio,
earnings before interest, taxes, depreciation, and amortization (EBITDA)
and
This content can be found on the following page:
http://www.businessdictionary.com/definition/operating-expenses.html
email to a friend print this definition cite this definition