Sometimes, determining whether a condition became worse because of the natural course of the illness, or because of a side effect of the medication the patient is taking can be difficult. (For example, both the infection causing a sore throat and a reaction to medication can cause nausea.)
DEFINITION of 'Overhead'. An accounting term that refers to all ongoing business expenses not including or related to direct labor, direct materials or third-party expenses that are billed directly to customers.
The opposite of capital expenditures are operating costs. Capital expenses are not used for ordinary day-to-day operating expenses of a business, like rent, utilities, and insurance. Another way to consider capital expenses is that they are used to buy and improve assets that have a useful life of more than one year.