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Home > QFINANCE Dictionary > Definition of indirect cost

Definition of

indirect cost

Accounting

unchanging expense not directly related to production a fixed or overhead cost that cannot be attributed directly to the production of a particular item and is incurred even when there is no output. Indirect costs may include the cost center functions of finance and accounting, information technology, administration, and personnel.

Related definitions of "indirect cost"

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Definitions of ’indirect cost’ and meaning of ’indirect cost’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’indirect cost’ and other financial terms with our online QFINANCE Financial Dictionary.

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