0Hi,02br 02br 01font 01sup 00302sup 00overhead02br 00102font 01font 01b 00:02b 00 business expenses (as rent, insurance, or heating) not chargeable to a particular part of the work or product02br 00[M-W's Col. ]02br 02br 00I believe the above definition means that if you are paying high rent, insurance, electricity etc because you have offices in London, then you cannot charge your consumers for this thing. But if you are paying high tax or providing better consumer services than others, then you will include the part of that extra expenditure in the price of product.
New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.