(accounting) Income after deducting operating expenses but before deducting for income taxes, interest, and depreciation and amortization.

(UK, rail transport) A company that operates passenger trains on the mainline railway network in Great Britain under franchise or license from the Government.

plural of train operating company

plural of freight operating company

(UK, rail transport) A company that runs freight trains on the national railway network in Great Britain under license from the government.

An operating table.

plural of operating room table

(investment, finance) The amount by which the income of a company is less than its expenditure.

plural of chief operating officer

plural of net operating income