administrative cost


Costs incurred by a company that are not directly due to specific activities such as sales or production. Administrative costs generally cover functions relating to the organization as a whole, rather than a particular area. Management of administrative costs can have a positive or negative effect on the overall financial health of the company.

Use administrative cost in a sentence

You should try and make sure that you have enough to cover ever administrative cost that will come with a deal.

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The administrative cost was really high and I didn't want to worry about it at all and it made me really unhappy.

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administrative costs account for 25 percent of total U.S. hospital spending, according to a new study that compares these costs across eight nations. The United States had the highest administrative costs; Scotland and Canada had the lowest.

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