Pronunciation: /oʊpɛks/
noun Opex refers to operating expenses, which are the costs associated with running a business on a day-to-day basis. These expenses include things like rent, utilities, salaries, and supplies.
A1 Opex refers to operating expenses in a business.
A2 Understanding opex is important for managing a company's budget.
B1 The company is looking for ways to reduce opex without sacrificing quality.
B2 Analyzing opex trends can help forecast future financial performance.
C1 The CFO presented a detailed report on the company's opex for the quarter.
C2 Implementing cost-saving measures has significantly lowered the company's opex.
formal The company is looking for ways to optimize opex to improve profitability.
informal We need to cut down on opex if we want to save more money.
slang Let's find some shortcuts to reduce opex and increase our bottom line.
figurative Managing opex is like navigating a maze - you have to find the most efficient path to reach your goal.
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