European Economic Community and Opex: Difference between pages

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imported>Doug Williamson
(Create page. Sources: The Treasurer, 40 Years Edition May 2019 p39 & UK and EU webpage https://ukandeu.ac.uk/fact-figures/what-was-the-european-economic-community/)
 
imported>Doug Williamson
(Create the page. Source: The Treasurer, September 2016, p21.)
 
Line 1: Line 1:
(EEC).  
'''Op'''erating '''Ex'''penditure.


The European Economic Community was founded in 1957, and subsequently consolidated into the European Community, together with the European Coal and Steel Community and the European Atomic Energy Community.  
Opex is expenditure on items which are consumed, or whose benefits are otherwise enjoyed, in the short term, generally within the current financial reporting period.
 
The European Community itself was then consolidated into the European Union (EU).  
Opex is contrasted with capital expenditure ('capex').




== See also ==
== See also ==
* [[European Commission]]
* [[Capitalise]]
* [[European Economic Area]]
* [[Capital expenditure]]
* [[European Union ]]
* [[Expenditure]]
 
* [[Revenue expenditure]]
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

Revision as of 15:11, 6 September 2016

Operating Expenditure.

Opex is expenditure on items which are consumed, or whose benefits are otherwise enjoyed, in the short term, generally within the current financial reporting period.

Opex is contrasted with capital expenditure ('capex').


See also

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