Operating
/ˈɒpəreɪtɪŋ/
Definitions
- (adj.) Relating to the functioning or management of a business, machinery, or legal entity.
The operating expenses of the company were audited thoroughly.
Related terms
See also
Commentary
In legal contexts, 'operating' commonly qualifies terms related to business function and management, often appearing as an adjective rather than a standalone noun or verb form.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.