Cost company arrangement
Cost company arrangement
Arrangement whereby the shareholders of a project receive output free of charge but agree to pay all operating and financing charges of the project.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Cost Company Arrangement
An agreement between the producers of a product or project and its financiers whereby the financiers are entitled to receive the product for free, provided they pay all the costs associated with producing it.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved