Lexic.us

Definition of Operating expense

1. 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.

Definition of Operating expense

1. Noun. (business accounting) Any expense incurred in running a business, such as sales and administration, as opposed to production. ¹

2. Noun. (business accounting) The money an entity spends in order to turn inventory into throughput. ¹

¹ Source: wiktionary.com

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Lexicographical Neighbors of Operating Expense

Literary usage of Operating expense

Below you will find example usage of this term as found in modern and/or classical literature:

1. The Elements of Railroad Engineering by William Galt Raymond (1917)
"operating expense. Fixed charges include interest on investment or capital, rentals and leases, and taxes, and constitute from 18 to 40 per cent of the ..."

2. Economics of Interurban Railways by Louis Engelmann Fischer (1914)
"GENERAL CONCLUSIONS CONCERNING THE COST OF OPERATING ELECTRIC INTERURBAN RAILWAYS From the preceding discussion of the operating expense of existing ..."

3. Supreme Court Reporter by Robert Desty, United States Supreme Court, West Publishing Company (1914)
"This, if observed, of course results in enforcing a prescribed distinction between capital expense and operating expense. It does not require that the ..."

4. Auditing: Theory and Practice by Robert Hiester Montgomery (1916)
"Depreciation Is an operating expense We often see a statement in published reports that a corporation has realized net profits amounting to a certain sum, ..."

5. Principles of Accounting by Albert Claire Hodge, james Oscar McKinsey (1920)
"Other operating expense accounts (classified according to the reporting ... operating expense accounts. It was pointed out in the preceding chapter that ..."

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