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IDC
(redirected from intangible drilling costs)

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia 0.01 sec.
IDC
(1) (International Data Corporation, Framingham, MA, www.idc.com) A major market research, analysis and consulting firm in the information field. Founded in 1964, it provides annual briefings and in-depth reports on all aspects of the industry. IDC is a subsidiary of the International Data Group (IDG).

(2) (Internet Database Connector) A component of Microsoft's Internet Information Server (IIS) Web server that is used to access ODBC-compliant databases. IDC uses two file types. The .IDC file contains the query statement that is sent to the database. The results of the query are placed into an HTML extension file (.HTX file) and returned to the user's browser via IIS. IDC is an ISAPI DLL named HTTPODBC.DLL.

(3) (Internet DataCenter) See telecom hotel.

(4) (Insulation Displacement Connector) A type of connector that strips off the insulation of the wire to make contact with it. The wire is pushed into the connector with a punchdown tool. See punch block.

An IDC Block
Note the "V" teeth on this 66 punch block. As the wire is pushed down into the teeth, the insulation is stripped and the wire makes contact with the conductor.


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The new budget being proposed by the Obama administration is proposing a repeal of what are called ‘intangible drilling costs’ and the expensing of intangible drilling costs (IDCs).
In late February, his administration proposed a new 2010 budget that would eliminate tax breaks on intangible drilling costs such as fuel, labour and repair costs, which help attract capital to high-risk oil and gas drilling.
While less likely, a lessor may also have intangible drilling costs, tangible asset costs, and other operating costs.
 
 
 
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