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cost centre

British

noun

a unit, such as a department of a company, to which costs may be allocated for cost accounting purposes

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Often viewed as a cost centre to cull, the emphasis on staff as a stakeholder to shield, is a departure for Wall Street and may well be a temporary feature of the coronavirus pandemic.

From Reuters • May 15, 2020

Every show is a different business, every show is a cost centre and is run on a budget.

From The Guardian • Mar. 1, 2013

The trading floor's vocabulary may help answer that by bringing out a bank's internal hierarchy, where traders are the "revenue generators" while those keeping them in check are commonly referred to as a "cost centre".

From The Guardian • Jun. 28, 2012

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023