indirect cost

(redirected from Indirect Cost and Expense)
Also found in: Financial.

indirect cost

[‚in·də′rekt kȯst]
(industrial engineering)
A cost that is not readily indentifiable with or chargeable to a specific product or service.

indirect cost

On a building project, those costs that are attributed to overhead, as opposed to any specific task or component; for example, the cost of supervisory personnel in the site office.
References in classic literature ?
In a lonely Highland village more than a hundred and fifty years ago there lived a little boy called James Macpherson.
By this time James Macpherson had begun to write poetry.
James MacPherson who used to live behind the graveyard.