operating expense, operating cost, overhead, budget items(noun)
the expense of maintaining property (e.g., paying property taxes and utilities and insurance); it does not include depreciation or the cost of financing or income taxes
Operating costs are the expenses which are related to the operation of a business, or to the operation of a device, component, piece of equipment or facility.
The numerical value of operating cost in Chaldean Numerology is: 8
The numerical value of operating cost in Pythagorean Numerology is: 9
Sample Sentences & Example Usage
Today, we are announcing an increase to our 2018 cost reduction target from 3.5 billion Swiss francs gross savings to at least 4.3 billion francs, driving our absolute operating cost base below 18 billion francs by 2018. For 2016, we aim to achieve 1.7 billion francs in cost savings.
The Boeing 737 MAX and Airbus A320neo technologies offer cash savings in operating cost per seat miles of up to 8% (about $3 savings per gallon) against its preceding technology, with current fuel prices, airlines are looking at pricing and capital deployment rather than fuel-saving capabilities.
I don't think airlines shares overall are good investment for the longer term given their high operating cost and the cyclical nature of the industry, however, Spring's no-frills model and flexibility has helped to differentiate itself from others just like Southwest Airline had done in the United States.
Images & Illustrations of operating cost
Find a translation for the operating cost definition in other languages:
Select another language:
Discuss these operating cost definitions with the community:
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Use the citation below to add this definition to your bibliography:
"operating cost." Definitions.net. STANDS4 LLC, 2017. Web. 29 May 2017. <http://www.definitions.net/definition/operating cost>.