general and administrative expense
- general and administrative expense general and administrative expense ➔ expense
* * *general expense UK US noun [C, usually plural] (also general and administrative expense) ACCOUNTING► money that a company spends on organizing and controlling its activities generally rather than on a particular product or service that it produces: »
The company expects to regain profits by cutting costs in personnel and general expenses.
Financial and business terms. 2012.
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