indirect cost

Also found in: Dictionary, Thesaurus, Legal, Encyclopedia.

Indirect Cost

A cost to a business that is not directly related to making a product. For example, market research is an indirect cost because, while it may assist in making decisions about production, it does not affect the production of any one unit. Another common indirect cost is the purchase of office supplies. Indirect costs are necessary to running a business. See also: Direct cost, Overhead.

indirect cost

A cost that is not directly related to the production of a specific good or service but that is indirectly related to a variety of goods or services. For example, the cost of administering a large company is an indirect cost that must be spread over a number of products or services. Also called overhead. Compare direct cost.

indirect cost

see OVERHEADS, COST.

Mentioned in ?

References in periodicals archive ?

In any event, if philanthropy in fact does not pay adequate indirect cost rates for the research they support, that only enhances the importance of the federal government's role in supporting the infrastructure of research.

Knee-Capping Excellence

firm%s allowable indirect costs, either 1 directly through a cost reimbursement contract

Cpa Audit Services - Indirect Cost Rate (icr) Evaluations

A Transaction Costs Model of Indirect Cost Measurement of Services

COST ACCOUNTING AT THE SERVICE LEVEL: AN ANALYIS OF TRANSACTION COST INFLUNCES ON INDIRECT COST MEASURMENT IN THE COST ACCOUNTING PLANS OF LARGE US CITIES

9) the direct and indirect costs of low back pain, are estimated at $60 billion annually in the United States.

Economic burden of low back pain on patients seen at the outpatient physiotherapy clinics of secondary and tertiary health institutions in Ibadan

245-5(c)(3) to indirect cost property that it has purchased through reimbursement of indirect costs as follows:

The "Three Musketeers" of overhead property: Motorola, Hughes, and Raytheon cases; Whether you agree or disagree with the reasoning of these cases, one outcome is clear--government property is not a mundane or boring subject anymore

However, CDC has re-estimated indirect costs by enhancing the statistical methods.

Update: direct and indirect costs of arthritis and other rheumatic conditions--United States, 1997

Counsel for Air Canada argued that indirect costs, which are the costs of resources that are used by two or more cost objects (in this case flights), were not avoidable "If a cost is incurred in order to provide multiple products .

A flight path to precision? How the Commissioner of Competition's case against Air Canada offers insights into the definition of some important cost accounting terms

C) What proportion of the total indirect cost is assigned to: (i) the retail customer line, and (ii) the business customer line?

Activity-Based Costing in the Service Sector: The Buckeye National Bank

Request for qualifications: preparation of the indirect cost proposal.

Request For Qualifications-indirect Cost Proposal

In April 2010, CDC awarded a task order for a new indirect cost study.

Centers for Disease Control and Prevention: An Appropriate Methodology Is Needed for Determining Administrative Costs Attributable to the Agency for Toxic Substances and Disease Registry

To provide information on nonprofits' indirect cost reimbursement, especially when funding flows through entities such as state and local governments, GAO (Government Accountability Office) was asked to review, for selected grants and nonprofits, (1) how indirect cost terminology and classification vary, (2) how indirect costs are reimbursed, and (3) if gaps occur between indirect costs incurred and reimbursed, steps taken to bridge gaps.

Nonprofit Sector: Treatment and Reimbursement of Indirect Costs Vary among Grants, and Depend Significantly on Federal, State, and Local Government Practices. Report to the Chairman, Committee on the Budget, House of Representatives. GAO-10-477