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An operating expense, or opex, is an ongoing cost of business such as sales, administration and maintenance. For tax purposes, opex can typically be deducted in the period in which it is used unlike capex that must be capitalized. |
Function | | Definition | Ongoing costs of business. | Examples | AdvertisingMaintenance Office SuppliesBusiness TravelUtilitiesInsuranceVehicle Expenses | Related Topics | |
Business Costs
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