| Webster's Online Dictionary |
| Expressions | Domain | Definition | |
| Indirect cost | Aging | Cost which cannot be identified directly with a particular activity, service or product of the program experiencing the cost. Indirect costs are usually apportioned among the program's services in proportion to each service's share of direct costs. (references) | |
| Indirect cost | Biology & Biotechnology | The cost of reduced productivity resulting from illness or treatment (may be estimated by loss of wages and other means). Source: European Union. (references) | |
| Indirect cost | Business | The expenses that cannot be readily attributed to an individual motor vehicle or class of motor vehicles because they are incurred in connection with the fleet operation as a whole; e.g., indirect labor, pre-expensed items (benchstock), office supplies, printing (forms), commercial building rental, small tools and equipment, utility costs, capital improvements to facilities, and other miscellaneous costs. (references) | |
| Indirect cost | Energy | Costs not directly related to mining or milling operations, such as overhead, insurance, security, office expenses, property taxes, and similar administrative expenses. (references) | |
| Indirect cost | Military | 1: A cost that is associated with a product or service, but not directly attributable to just one product or service. Supervisor or manager activities are examples of these costs. (references) | |
| 2: Costs incurred for a common or joint purpose benefiting more than one cost objective that are not readily assignable to the cost objectives specifically benefited without effort disproportionate to the results achieved. These costs are usually classified as administrative costs that are incurred to support the overall operation of an organization. Indirect costs are allocated to cost objectives using an approved indirect cost plan or rate. (references) | |||
| Indirect cost pool | Business | One or more intermediate operating expense accounts that collect indirect operating expenses for purposes of reassignment to work center accounts and ultimately to the final operating expense accounts. (references) | |
| Indirect cost pool | Military | A grouping of incurred costs identified with two or more cost objectives, but not specifically identified with any final cost objective. (references) | |
Source: compiled by the editor from various references; see credits. | Top | ||
