Meaning of indirect cost | Babel Free

Definitions

Any cost that is not directly accountable to a cost object (such as a particular project, facility, function, or product). They include administration, personnel and security costs.

Equivalents

Examples

“When you deduct the direct and indirect costs, the picture looks a little different. Only mail and coal traffic generated a net revenue when accounting for all costs, not just direct operating costs.”

CEFR level