administrative expenses

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.

administrative expenses

Compensation to management for operating or building a property; may include salaries and professional fees.Contrast with operating expenses,reserves for losses,and reserves for repairs.
References in periodicals archive ?
On the other hand, the bank's administrative expenses grew by 12pc per cent during the quarter under review.
Administrative Expenses also recorded double-digit growth of 12% YoY.
(Alliance News) - Advanced Oncotherapy PLC on Friday said its loss widened in 2018 as a consequence of cost of sales and higher administrative expenses.
Administrative expenses for primary and elementary education have been cut from Rs6.65 billion to Rs3.58 billion, higher education from Rs13.92 billion to Rs10.56 billion and technical education from Rs2.41 billion to Rs2.05 billion.
Laredo Petroleum announced the company has taken measures to align the company's cost structure with operational activity, reducing combined cash and non-cash general and administrative expenses and capitalized employee costs by approximately 25% on an annualized basis.
The general and administrative expenses were reduced by SR1.6 million ($426,600), resulting from lower employee costs.
For the 9M2018, earning fell by 55 percent YoY due to 3.3ppts margin depletion, 48 percent increase in administrative expenses as well as an effective tax rate of 44 percent compared to 31 percent in the same period last year.
Total general and administrative expenses were $2,278,586, or 28.8% of total revenues for the fiscal 2019 first quarter, as compared to $2,218,409, or 29.9% of total revenues for the same period of the prior year.
Court Rules Failed California Workers' Comp Insurer Can't Use Special Funds for Administrative Expenses
The administrative expenses consume 80 per cent of the revenue made by the organization.
Administrative expenses deducted from gross return may play a significant role in net return.
It generates its own income to meet its administrative expenses.

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