| Webster's Online Dictionary |
| Expressions | Domain | Definition | |
| INDIRECT COSTS | Administration | Costs 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 costs | Business | 1: 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 Costs | Military | 1: 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. | Top | ||