increased operational expenses

Language: en

📖 Definitions

  1. The total amount of money a business spends on its day-to-day activities, such as rent, utilities, wages, and supplies, which has risen compared to previous periods.; A financial metric indicating a growth in the costs required to maintain normal business operations over time.

💬 Examples

  1. As transportation costs rise due to higher fuel prices, businesses face increased operational expenses, which are often passed on to consumers in the form of higher prices for goods and services.

  2. The company's quarterly report highlighted that increased operational expenses were primarily driven by higher employee benefits and regulatory compliance costs.