overhead

Definition of "overhead"
  1. Expenses associated with running a business, such as rent or insurance, that are not directly tied to a specific component of the work or product
How to use "overhead" in a sentence
  1. The startup has to consider the overhead costs such as office rental and utilities in its budget planning.
  2. To calculate the total cost of the project, you need to add the overhead expenses to the direct costs of labor and materials.
  3. Manufacturing companies need to reduce their overhead to remain competitive in the market.

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