operating costs
Definition
The day-to-day expenses incurred in running a business, such as sales and administration, as opposed to production. also called operating expenses.
Use operating costs in a sentence
“ You need to know what all of the operating costs of a project will be so that you do not go over budget. ”
“ The operating costs were decreasing as we had made the final payment on the machinery and we were recognizing an economy of scale. ”
“ The operating costs for the restaurant have increased this month because of the price increase for tomatoes due to the poor season they had over the Summer. ”
