Business / Real Estate / Operating Expenses: Those recurring expenses that are essential to the continuous operation and maintenance of a property. Operating expenses are generally divided into the following categories: fixed expenses such as real property taxes and building insurance, variable costs such as utilities, payroll, administration and property management fees, and reserves for replacement. Operating expenses do not include items such as mortgage payments, capital expenditures and depreciation.
Expenses Adjective Synonyms: payment, costs, outlay, outgoings, disbursement, expenditure, spending, out-of-pocket (expenses), cost, price, charge, fee, rate
Business / Agriculture / Production Expenses: Measures the aggregate business cost of farming. The two main components are current farm operating expenses and overhead costs. Farm production expenses are accounted for differently in calculating f MORE
Business / Real Estate / Net Operating Income (NOI): The income projected for an income-producing property after deducting losses for vacancy, collection and operating expenses. MORE