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LSDefine

Simple English definitions for legal terms

overhead

Read a random definition: judicial trustee

A quick definition of overhead:

Term: OVERHEAD

Definition: Overhead refers to the expenses that a business incurs in order to operate, but cannot be directly attributed to a specific product or service. These expenses are fixed and include things like rent, utilities, and salaries for support staff. They are also known as administrative or office expenses.

Simply put, overhead is the cost of running a business that is not directly related to making a product or providing a service.

A more thorough explanation:

Definition: Overhead refers to the expenses that a business incurs in its day-to-day operations, such as rent, utilities, and salaries of support staff. These expenses cannot be directly attributed to a specific product or service.

Examples: Examples of overhead expenses include:

  • Rent for the office space
  • Utility bills, such as electricity and water
  • Salaries of administrative staff, such as receptionists and accountants
  • Office supplies, such as paper and ink cartridges

These expenses are necessary for the business to function, but they do not directly contribute to the production of goods or services. For example, the rent paid for an office space is an overhead expense because it is not directly related to the production of a specific product or service.

overdraw | overheated economy

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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