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Administration expenses

Updated: Aug 20, 2021

Although this term has a particular meaning when applied to the costs of the administrator of the estate of a deceased person (administration, letters of) it is also used in a more general sense in the printed accounts of companies or other organizations. Here it refers to expense headings which cannot be related directly to a stated department but which are attributable, in an imprecise sense, to the overall running of that company or organization.

Reference: The Penguin Business Dictionary, 3rd edt.

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James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.