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cost center
(redirected from Cost centre)

   Also found in: Dictionary/thesaurus, Medical, Wikipedia, Hutchinson 0.03 sec.
cost center
A segment of a business or other organization in which costs can be segregated, with the head of that segment being held accountable for expenses. Cost centers are established in large organizations to identify responsibility and to control costs.


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Eoe1/4EoInformation technology (IT) is not just a cost centre.
It is easy to use for people without specialist financial knowledge, and is well suited to our larger clients who need to involve dozens of cost centre managers in their budgeting process each year.
Telecom managers of multinationals will be able to generate aggregated reports of their total global telecom spend and pull necessary information about their offices around the world, while local telecom managers, cost centre managers and end users will be able to benefit from
 
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