Administrative Expense

Administrative Expense

An expense that a company is required to spend but that is difficult to associate with a specific item. Examples of costs grouped under administrative expenses include utilities, office supplies, and postage costs.
References in periodicals archive ?
A court held that interest an estate pays on a charitable bequest is deductible as an administrative expense for estate tax purposes.
The question was whether or not the upkeep and maintenance expenses could be claimed as an administrative expense.
that assert certain types of administrative expense arising under
An additional $16,693 of Trust administrative expenses were paid from the Trust administrative expense reserve resulting in approximately $2.
The administrative expense ratio has also increased over the past five years, following the overall trend and contributing to compression of this segment's underwriting margin.
Concerned about the increasing proportion of the Pension Benefit Guaranty Corporation's (PBGC) operational and administrative budget that is outside the annual administrative expense limitation, the Ranking Minority Member of the Senate Special Committee on Aging asked GAO to review PBGC's (1) application of the limitations set forth in its appropriations in developing its budget estimates and (2) methodology for allocating and reporting its operational and administrative expenses falling under the statutory limitation.
1398(h)(1), "[a]ny administrative expense allowed under section 503 of title 11 of the United States Code, .
An additional $16,648 of Trust administrative expenses were paid from the Trust administrative expense reserve resulting in approximately $2.
General and administrative expense for the third quarter 2006 increased 26% to $1,066,000 compared with $846,000 for the same period in 2005.
This category of administrative expense includes expenses that are inherent to winding up an estate and determining the terms of the will.
4 million Trust administrative expense reserve increasing the balance of the reserve to approximately $2.
The divestiture of PEG will also enable Magnetek to reduce selling, general and administrative expense (SG&A) and interest expense substantially, resulting in positive operating profit and cash flow.

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