(accounting) a forecast of the sales revenue, production costs, overheads, cash flow, etc, of an organization, used to monitor its trading activities, usually for one year
noun 1. revenue from business operations after operating expenses are deducted from gross income.
- Operating microscope
operating microscope n. See surgical microscope.
- Operating profit
noun a company’s earning power from its operations, equal to earnings before deduction of interest payments and income taxes
noun 1. a specially equipped room, usually in a hospital, where surgical procedures are performed. Abbreviation: OR. operating room n. A room equipped for performing surgical operations.