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; (synonym) operating cost, overhead, budget items
The expense of an insurer other than commissions and taxes Called " and Insurance Expense" in the convention statement blank (G)
Those expenses in to the normal operation of the business, excluding interest expense and one-time charges Also referred to as Overhead
Monies paid in salaries, wages, materials, supplies and equipment in order to maintain equipment and buildings, operate vehicles, rent equipment and facilities and settle claims
- Monies paid in salaries and wages; settlement of claims, maintenance of equipment and buildings, and rentals of equipment and facilities
paying property taxes and utilities and insurance; it does not include depreciation or the cost of financing or income taxes
Those costs, other than expenditures for Personnel Costs and Capital Outlay, which are necessary to support the operation of the organization, such as charges for contractual services, telephones, printing, motor pool, and office supplies See also, Expenditure
An expense that occurs in the course of the regular business activities of the company See also nonoperating expense
The amount paid for asset maintenance or the cost of doing business Corporate and fund earnings are distributed after deducting for operating expenses
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
All the expenses resulting from the ongoing operations of BPA Net interest expense is excluded and reported separately to allow the financial statement user to compute the interest coverage ratio
Those recurring expenses that are essential to the continuous operation and maintenance of a property Operating expenses are generally divided into the following categories: fixed expenses such as real property taxes and building insurance; variable costs such as utilities, payroll, administration and property management fees; and reserves for replacement Operating expenses do not include items such as mortgage payments, capital expenditures and depreciation
The expenses associated with the operation of the transit agency, and classified by function or activity and the goods and services purchased It is the sum of "Vehicle Operations," "Vehicle Maintenance," "Non-Vehicle Maintenance," and "General Administration " Alternatively, it is the sum of the various object classes listed below
The amount paid for asset maintenance or the cost of doing business, excluding depreciation Earnings are distributed after operating expenses are deducted
The business expenses that mutual fund companies pass on to shareholders, including management fees and 12 b-1 fees These costs are paid from a fund's assets before earnings are distributed to shareholders
administrative and operational expenses such as salaries and wages, supplies and materials, depreciation, and the maintenance of offices of the Social Security System (SSS)
Business costs paid from a fund's assets before earnings are distributed to shareholders These include management fees and 12b-1 fees and other expenses
(1) As used in the accounts of governmental enterprises, the term means those costs which are necessary to the maintenance of the enterprise, the rendering of services, the sale of merchandise, the production and disposition of commodities produced, and the collection of enterprise revenues (2) The term is also sometimes used to describe expenses for general governmental purposes
The actual costs associated with operating a property, including maintenance, repairs, management, utilities, taxes and insurance A landlord's definition of operating expenses is likely to be quite broad covering most aspects of operating the building
Expenses incurred directly with the sale of merchandise (selling expenses) and/or those expenses incurred in the general operation of a business (general or administrative expenses)
Generally speaking, all expenses, occurring periodically, which are necessary to produce net income before depreciation Under some conditions these expenses are placed in two categories, namely, operating expenses and fixed charges
The day-today costs a mutual fund incurs in conducting business, such as for maintaining offices, staff, and equipment These expenses are paid from the fund's assets before any earnings are distributed
Expenses of furnishing transportation services (does not include capital expenses) For transit, costs include fuel, salaries, and replacement parts; for roads, operating expenses involve maintaining pavement, filling potholes, paying workers' salaries, and so forth
are the total costs incurred for the management and operation of LI Bus Also known as operating costs, these include salary, wage and other payroll costs, fringe benefits, materials, energy, professional services and depreciation These expenses include any direct or indirect capital costs
The normal costs a mutual fund incurs in conducting business, such as the expenses associated with maintaining offices, staff, and equipment There are also expenses related to maintaining the fund's portfolio of securities These expenses are paid from the fund's assets before any earnings are paid to the shareholder
The amounts necessary to meet the normal costs of, and to provide for, operating and maintaining a development and to establish and maintain reasonable and proper reserves for repairs, maintenance, replacements, and other necessary reserves during an operating year; includes mortgage insurance, taxes, premium charges, and similar expenses
Those expenses that are deducted from gross margin and which are incurred in carrying out only the normal, regular commercial activities of a given business enterprise