Glossary entry

Norwegian term or phrase:

driftskostnader

English translation:

operating expenses

Added to glossary by brigidm
Sep 14, 2006 09:34
17 yrs ago
2 viewers *
Norwegian term

driftskostnader

Non-PRO Norwegian to English Bus/Financial Accounting income statement
income statement
Proposed translations (English)
5 +4 operating expenses
5 +3 operating costs
Change log

Sep 14, 2006 09:34: changed "Kudoz queue" from "In queue" to "Public"

Proposed translations

+4
1 min
Selected

operating expenses

;-)

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Note added at 21 hrs (2006-09-15 06:48:19 GMT)
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Both this and "operating costs" seem to be used in income statements and according to one on-line financial glossary "operating costs. Definition: The day-to-day expenses incurred in running a business, such as sales and administration, as opposed to production. also called operating expenses". I am trying to adapt IFRS terminology in any financial reporting I translate, and recently found a very useful site: http://www.kpmgifrg.com/pubs/pub_ifst.cfm where you can download illustrative financial reports to use as reference material. I notice that these have adapted "operating expenses" in the given context. (But at the end of the day both terms are equivalent in meaning - aren't they?).
Peer comment(s):

agree Don Spade (X)
22 mins
Thanks, Don
agree Suzanne Blangsted (X)
2 hrs
Takk!
agree Charlesp : but it depends - it could be operating expenses --- more context is needed
7 hrs
agree Michele Fauble
14 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
+3
2 mins

operating costs

Not much to add, really...

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Note added at 9 hrs (2006-09-14 19:21:54 GMT)
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I'd say operating expenses would narrow it down to things you actually have to pay for, while operating costs could include matters such as depreciation and shared overhead. If the source term had been 'driftsutgifter' or 'driftsomkostninger', I'd run with Brigid's suggestion in a flash....
Peer comment(s):

agree Don Spade (X)
21 mins
agree Charlesp : but it depends - it could be operating expenses --- more context is needed
7 hrs
agree Michele Fauble
14 hrs
Something went wrong...
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