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indirect cost

   Also found in: Financial, Wikipedia, Hutchinson 0.02 sec.
indirect cost [‚in·də′rekt kȯst]
(industrial engineering)
A cost that is not readily indentifiable with or chargeable to a specific product or service.


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Equally worrisome: Such a limitation on indirect cost recovery appears to ignore government regulations on indirect cost accounting contained in federal Part 31 of the Federal Acquisition Regulation and the Cost Accounting Standards.
price revision of fixed-price incentive contracts, terminated contracts, or indirect cost rates.
Prepare indirect cost studies or rate studies that are NOT material to the financial statements as a whole--64
 
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