8 Things You May Not Know About Queen Elizabeth II. Explore eight interesting facts about Britainâs long-serving monarch, who ascended the throne upon the death of her father in February 1952.
Net operating loss (NOL) A net operating loss (NOL) results when a business allowable deductions exceed its gross income for the tax year. It can use the NOL in another year to reduce taxable income. When the NOL is carried back to a previous year a refund may result. While less common, individuals may have an NOL from expenses other than business losses, including: Employee business expenses;
From Wikipedia, the free encyclopedia. Operating costs are the expenses which are related to the operation of a business, or to the operation of a device, component, piece of equipment or facility. They are the cost of resources used by an organization just to maintain its existence.or a commercial enterprise, operating costs fall into two broad categories: 1  fixed costs, which are the same whether the operation is closed or running at 100% capacity. 2  Fixed Costs include items such as the rent of the building. 3  These generally have to be paid regardless of what state the business is in.