Meaning of the word "operating cost" in English
What does "operating cost" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
operating cost
US /ˈɑpəˌreɪtɪŋ kɔst/
UK /ˈɒpəreɪtɪŋ kɒst/
Noun
the expenses associated with the day-to-day running of a business, excluding the cost of goods sold
Example:
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Reducing operating costs is crucial for increasing profit margins.
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The company is looking for ways to cut down on its monthly operating costs.