The operating cost
Example: Operating cost represents expenses required to run a business
Definition
"The operating cost" refers to the ongoing expenses necessary for the daily functioning of a business. It includes costs such as rent, utilities, wages, and supplies that are essential to keep the business running smoothly and generating revenue.
Etymology
The phrase "the operating cost" combines 'operating,' derived from the Latin 'operari,' meaning 'to work,' and 'cost,' from the Latin 'constare,' meaning 'to stand firm' or 'to cost.' Together, they describe the expenses that stand firm in the process of operating a business.
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"The operating cost" appears in the Vocaplus list "English - Entrepreneurship - (A1-C2) - set 1", containing 110 commonly used words.
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