Operational expense definition

Operational expense means those funds devoted to or required for
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Operational expense means an operational cost of a project, asset, program, or event.
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Operational expense means any expense incurred towards achieving the objects of this framework and includes transport and stationery;
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Examples of Operational expense in a sentence

  • Operational expense is all the money the system spends in order to turn inventory into throughput.

  • Operational expense can be contained and minimized, as fewer personnel are required to support a single vendor solution versus multiple platforms.

  • Operational expense limit The Shareholders in the Fund will bear operational expenses of up to 0.3 per cent per annum of the Net Asset Value of the Fund (after deduction of any accrued Investment Management Fees and Value Added Tax, if any, on such a fee) (“Operational Expense Limit”) until such date as may be determined by the Directors.

  • Operational expense (OPEX) refer to costs associated with operating and maintaining an infras- tructure.

  • General allocation requests consist of the following types of requests: Program, Travel, Equipment, Print Media, Broadcast Media, and Operational expense.

  • Operational expense and initiatives extending from the Community Safety Committee are accommodated within Council‟s recurrent budgets.

  • Operational expense (labour cost, rent, equipment, mkting cost..) Region Focus1.

  • Operational expense increased due to the increased business volume and increased business written via the broker channel.

  • Operational expense relating to the year 2011 has been recognised by taking into account validated cost claims for applicable projects and periods.

  • Indeed the independent variables (Industry competition measured by the market share of the top four (4) MFIs in the industry; Operational expense ratio; Portfolio at risk; Staff productivity; Savings mobilization; annual inflation and the Log of GDP a measure of the level of economic activities) are not supposed to be dependent on each other or statistically relate to each other.


More Definitions of Operational expense

Operational expense means those funds devoted to or required for the regular or ordinary expenses of the school of professional nursing, including administration, maintenance and salary expenses;
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Operational expense means expenses that Eco-Jeevan has to incur through its normal course of business to conduct its tours and business operations.
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Operational expense means any expense required for the general operation of SD in connection with SD’s performance of the Commercial Cannabis Activity at the Licensed Premises, excluding any Source Material Expense.
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Operational expense means any expense required for the general operation of VBF in connection with VBF’s performance of the Commercial Cannabis Activity at the Licensed Premises.
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Operational expense means expenses that Travtoinde Pvt Ltd has to incur through its
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Operational expense means those funds devoted to or required for the regular or ordinary expenses of the college, including administrative, maintenance, minor capital and salary expenses but excluding capital outlay expenses;
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Related to Operational expense

  • Operational Expenses means expenses of the clerk of court used to maintain the clerk's office and includes, but is not limited to, (i) computer support, maintenance, enhancements, upgrades, and replacements and office automation and information technology equipment, including software and conversion services; (ii) preserving, maintaining, and enhancing court records, including, but not limited to, the costs of repairs, maintenance, consulting services, service contracts, redaction of social security numbers from certain records, and system replacements or upgrades; and (iii) improving public access to records maintained by the clerk, including locating technology in an offsite facility for such purposes or for implementation of a disaster recovery plan.

  • local expenditures means expenditures in the currency of the Borrower or for goods or services supplied from the territory of the Borrower; and

  • Operating Expense means salaries, wages, cost of maintenance and operation, materials, supplies, insurance and all other items normally included under recognized accounting practices, but does not include allowances for depreciation in the value of physical property.

  • Extra Expense means expense or cost incurred (1) to continue the conduct of the Assured’s business,

  • Capital Expenditures means, with respect to any Person for any period, the aggregate amount of all expenditures (whether paid in cash or accrued as a liability) by such Person during that period for the acquisition or leasing (pursuant to a Capital Lease) of fixed or capital assets or additions to property, plant, or equipment (including replacements, capitalized repairs, and improvements) which should be capitalized on the balance sheet of such Person in accordance with GAAP.

  • Consolidated Rental Expense means, for any period, on a consolidated basis for the Company and its Subsidiaries, the aggregate amount of fixed and contingent rentals payable in cash by the Company and its Subsidiaries with respect to leases of real and personal property (excluding capital lease obligations) determined in accordance with GAAP for such period (subject to Section 1.04(b)).

  • Operating Expenditures means all Partnership Group expenditures, including, but not limited to, taxes, reimbursements of the General Partner, repayment of Working Capital Borrowings, debt service payments and capital expenditures, subject to the following:

  • Capital Expenditure means expenditure on: a) the acquisition of land and buildings; b) the erection, enlargement, improvement or demolition of any building including fixed plant, installation, wall, fence or other structure, or any playground or hard standing;

  • Public expense means that the LEA either pays for the full cost of the evaluation or ensures that the evaluation is otherwise provided at no cost to you, consistent with the provisions of Part B of the IDEA, which allow each State to use whatever State, local, Federal and private sources of support are available in the State to meet the requirements of Part B of the Act.

  • Medical Expenses means those expenses that an Insured Person has necessarily and actually incurred for medical treatment on account of Illness or Accident on the advice of a Medical Practitioner, as long as these are no more than would have been payable if the Insured Person had not been insured and no more than other hospitals or doctors in the same locality would have charged for the same medical treatment.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.