Costs of business operation like office space rental, general maintenance etc compared to total income that’s unrelated to goods and services provided by the business. Low operating costs keep this ratio lower and profits higher.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser