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See: Interest During Construction

Intangible Drilling Costs

Expenses a company has when it drills for oil or natural gas. Intangible drilling costs are sometimes convenient for a company's tax purposes because it can deduct intangible drilling costs in one year when the company perhaps found little or no oil from profits made in a different year when the company does find oil.

Interest During Construction

In project finance, the interest that accumulates on a loan that finances the construction of a building or development. The IDC is a cost for the project, though it is not always calculated as such. The IDC is calculated until the project begins to generate revenue, when the company financing the project begins to service its debts.
References in periodicals archive ?
Another important area of growth for IDC has been its Conference business, which reached more than 45,000 technology customers and industry executives through 300 events held in more than 60 countries worldwide.
With in-depth research written from both the business and consumer perspectives, IDC offers deep knowledge of the business models, technologies, events, and opportunities that impact the digital marketplace.
Join Karsten Weide and other IDC research analysts at 2007 International CES, where IDC will host three breakfast briefings at Wynn Las Vegas on January 8th, 9th, and 10th.
Collectively, the outlook for these emerging wireless players is bright when set against the backdrop of the rapidly evolving wireless ecosystem and marketplace, evolving market strategies of larger wireless players, increasing reliance upon mobile by enterprises, and the overall trend of wireless becoming ever more central to ever more subscribers as the "third screen" in their lives," says Scott Ellison, vice president, Wireless and Mobile Communications at IDC.
This IDC study, Worldwide Mobile Enterprise Applications 2006-2010 Forecast and Analysis (IDC #204115) defines and quantifies the market for mobile enterprise applications.
To purchase this study, Worldwide System Infrastructure Software 2007: Top 10 Predictions (Doc #204567), please contact IDC Sales at 508-988-7988 or email sales@idc.
While overall IT market growth will appear almost boringly moderate, its impact will be the opposite," said Frank Gens, senior vice president of Research at IDC.
Forty-nine percent of those surveyed are evaluating storage virtualization solutions, and 34% have already implemented such a solution," said Laura DuBois, research director for Storage Software at IDC.
According to new survey findings from IDC, 56% of respondents believe encryption should be implemented at the storage system software layer.