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Business Definition for: administrative expenses
Dictionary of Insurance Terms
administrative expenses

costs associated with the general administration of the insurance organization to include such items as utilities, rent, salaries, postage, furniture, and housekeeping charges.

Dictionary of Real Estate Terms
administrative expenses
See also General and Administrative expenses (G&A)
Related Terms:
General and Administrative expenses (G&A)

compensation for management to operate or build a property; contrast financing expenses, operating expenses, replacement reserves, selling expenses.

Example: Management salaries, accounting expenses, and investment advisor expenses are general and administrative expenses.

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