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.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.

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.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.