In business, overhead, overhead cost or overhead expense refers to an ongoing expense of operating a business. The term overhead is usually used to group expenses that are necessary to the continued functioning of the business, but that do not directly generate profits. Typical examples of overhead expenses include rent, utilities, permits to operate a business, business name registration, and commercial liability insurance. Image File history File links Please see the file description page for further information. ... Operating costs are the recurring expenses which are related to the operation of a business, or a device, component, piece of equipment or facility. ... In accounting, an expense represents an event in which an asset is used up or a liability is incurred. ... Profit, from Latin meaning to make progress, is defined in two different ways. ...

See also

• Fixed cost
• Variable cost
• Operating cost