Meaning of the word "cost center" in English
What does "cost center" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
cost center
US /ˈkɑːst ˌsen.tər/
UK /ˈkɑːst ˌsen.tər/
Noun
1.
a department or function within an organization that incurs costs but does not directly generate revenue
Example:
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The IT department is often considered a cost center.
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Managing a cost center requires careful budgeting.
Synonym:
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