overhead
Definition
The ongoing administrative expenses of a business which cannot be attributed to any specific business activity, but are still necessary for the business to function. Examples include rent, utilities, and insurance.
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Related Terms
General and Administrative Overhead, manufacturing overhead
'overhead
' appears in the definitions of these other terms on BusinessDictionary.com overapplied overhead, overabsorption, overhead rate, full cost pricing, activity based budgeting (ABB), and
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