More terms
Operating Expenses
Overhead costs of running the business, often called selling, general, and administrative expenses, excluding direct production or service-delivery costs.
What traders should verify
For Operating Expenses, identify the statement, reporting period, accounting policy, footnote support, comparable periods, and cash-flow effect.
Do not conflate
Operating Expenses is an accounting measure or classification; it is not automatically cash, fair value, liquidity, or current market value.
Primary source
SEC definitionSource boundary: this glossary reflects SEC staff views and is not a Commission rule, regulation, or statement. Check the linked source for current wording and legal context.