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Overhead  
Level
Associate
'Overhead' refers to ongoing business expensesmoney spent that aren't directly tied to creating a product or service. This includes rent, utilitiesservices like water and electricity, and salariesregular payment for work for employees not involved in production.
Context
Business
In financial analysisassessment of a business's financial health, 'overhead' includes costs like office rent, utility bills and administrative salaries. A CFOChief Financial Officer might say, 'We need to cut our overhead to remain competitive in the market.'

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