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operand
operant
operant conditioning
operate
operatic
operatics
operating cash flow
operating costs
operating cycle
operating exposure
operating income
operating lease
operating leverage
operating microscope
operating risk
operating room
operating system
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operating cycle
op·er·at·ing cy·cle (plural op·er·at·ing cy·cles)


noun 
Definition:
 
time between selling and receiving payment: the period of time from when somebody purchases a product to when proceeds from its sale are received
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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