Meaning of the word "indirect cost" in English
What does "indirect cost" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
indirect cost
US /ˌɪn.daɪ.rekt ˈkɑːst/
UK /ˌɪn.daɪ.rekt ˈkɑːst/
Noun
1.
a cost that cannot be directly attributed to a specific cost object (such as a product, service, or project) but is necessary for the overall operation of a business
Example:
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Rent for the factory is an indirect cost of production.
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Administrative salaries are typically considered indirect costs.
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