operating expense

operating expense definition - business

operating expense

An expense incurred in transacting normal business operations, but outside any manufacturing function. Operating expenses include administrative and selling expenses, but exclude interest, taxes, and cost of goods sold.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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