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LSDefine

Simple English definitions for legal terms

operating expense

Read a random definition: cash flow statement

A quick definition of operating expense:

An operating expense is money that a business spends to keep running and produce its products or services. This includes things like rent, salaries, and supplies. Operating expenses are different from costs that are used to create long-term benefits, like buying a building or equipment. Some operating expenses can be deducted from a business's taxes, which means they can lower the amount of taxes the business has to pay.

A more thorough explanation:

An operating expense is a cost incurred by a business to run its operations and produce output. It is a type of expense that is charged against revenue for a specific period. Examples of operating expenses include rent, utilities, salaries, and supplies.

For instance, if a company spends $10,000 on rent for its office space in a month, it is an operating expense. Similarly, if a business spends $5,000 on salaries for its employees in a month, it is also an operating expense.

Operating expenses are different from capital expenses, which are costs incurred by a business to provide long-term benefits. Capital expenses are not deductible, but they can be used for depreciation or amortization.

Overall, operating expenses are essential for a business to keep running and producing its goods or services.

operating earnings | operating income

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General

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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