Meaning of the word "overhead costs" in English
What does "overhead costs" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
overhead costs
US /ˈoʊvərˌhɛd kɔsts/
UK /ˈəʊvəhɛd kɒsts/
Plural Noun
the regular costs of running a business, such as rent, electricity, and salaries, that are not directly related to the production of goods or services
Example:
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Reducing overhead costs is crucial for increasing profit margins.
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Our company is looking for ways to cut down on overhead costs without affecting quality.
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