indirect cost

American  

noun

1. a business cost that is not directly accountable to a particular function or product; a fixed cost, as a land tax or the like.

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Etymology

Origin of indirect cost

First recorded in 1905–10

Example Sentences

“The cost of providing that same level of education to the remaining students in public school is this second indirect cost of vouchers.”

From Salon

“No such power was conveyed by Congress here. Indeed, Congress has explicitly limited the NIH’s authority to modify indirect cost rates retroactively.”

From Los Angeles Times

With UCLA’s indirect cost rate of 57%, at first glance, it appears Poe would receive an additional $142,500 in such funding.

From Los Angeles Times

Bon said there would be indirect cost savings with a regional approach but doesn’t yet have an estimate.

From Seattle Times

Finally, consider the indirect cost.

From Los Angeles Times