Webster's Online Dictionary
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Specialty Expressions: INDIRECT COSTS

ExpressionsDomainDefinition
INDIRECT COSTSAdministrationCosts common to a multiple set of cost objectives and not directly assignable to such objectives in a specific time period. such costs are usually allocated by systematic and consistent techniques to products, processes, services or time periods. (references)
Indirect costsBusiness1: Total costs of all labor, materials, facilities, equipment, and fees allocated to general administrative or overhead functions, including legal services, safety, and insurance; costs that are not directly attributable to specific units of production, mainly fixed costs and common costs. Source: European Union. (references)
  2: Costs which can only be indirectly apportioned, possibly by means of a cost center, to the production costs of goods or services. Source: European Union. (references)
Indirect CostsMilitary1: Costs which, because of their incurrence for common or joint objectives, are not readily subject to treatment as direct costs. (references)
  2: (DoDD 5040.2) An item of cost (or the aggregate thereof) that is incurred for joint objectives and may not be identified specifically with a single final objective, such as a product, service, program, or project. (references)

Source: compiled by the editor from various references; see credits.

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