general and administrative overhead
Definition
The costs necessary for operations but not directly associated with developing a product or providing a service.
Use this term in a sentence
“ The general and administrative overhead was really interesting and I wondered what the costs were going to be for me. ”
“ The general and administrative overhead that Susie's business took on was actually greater than the profits she was making, so she had to close shop. ”
“ I had to accept a low bid from a contractor because our general and administrative overhead has become so high there wasn't enough in the till to pay for a higher quality job. ”
