Also found in: Dictionary, Thesaurus, Medical, Acronyms, Idioms, Encyclopedia, Wikipedia.


See: Interest During Construction
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Supported by a team of IDC LAN market analysts located around the world, IDC's Worldwide LAN QView was launched in response to customer demand for timely, detailed, and accurate LAN equipment market results.
Without the alliance, IDC would have to rely more heavily on NTT's huge domestic phone infrastructure and therefore pay relatively more in the way of interconnection fees.
At the day's meeting, the IDC shareholders approved a proposal to slash the IDC board to nine members from the previous 21.
Heisei Denden and C&W IDC, frustrated by being rebuffed at every turn by the mobile carriers, have pushed to involve the Fair Trade Commission, the Ministry of Public Management, Home Affairs, Posts and Telecommunications and even the US Embassy in this issue.
IDC is a division of IDG, an IT media, research and exposition company.
IDC is a division of IDG, the world's leading IT media, research and exposition company.
IDC's report charts the year when Sun began its software and web services rejuvenation under executive vice president Jonathan Schwartz, appointed in April 2002.
IDC stratified vendor market share within four different segments and then published a comparison of the top 200 machines in each category among a total list of 1,599 machines.
IDC expects double-digit growth in units for both markets in 2004.
US-based Motorola's market share had according to IDC dropped to 14.1% in 2003, while Strategy Analytics estimated a drop from 16.3% in 2002 to 14.5% in 2003.
The MP believes IDC, which collects cases before handing them over to law firms to be processed, did little to earn the huge fee.
IDC believes that Western European education institutions will not increase IT spending as fast as other public sector verticals over the next three to four years.