administrative expense. 1.OVERHEAD. 2.Bankruptcy. A cost incurred by the debtor, after
filing a bankruptcy petition, that is necessary for the debtor to continue operating its business. •
Administrative expenses are entitled to payment on a priority basis when the estate is distributed.
11 USCA § 503(b). See general administrative expense under EXPENSE. [Cases: Bankruptcy
2871–2879. C.J.S. Bankruptcy §§ 232, 250–254, 281, 354.] [Blacks Law 8th]