💡 Words with a Similar Meaning to "Cost center"
Found via reverse dictionary — words that share a conceptual meaning.
| Word | Definition |
|---|---|
| cost centrenoun | (UK, accounting, management) Alternative form of cost center. [(accounting, management) A division or project of an organization to which costs can be specifically allocated.] |
| cost objectnoun | (accounting) Something to which costs are assigned; anything for which a separate measurement of cost is required. |
| profit centernoun | (accounting, management) A unit or department of a company which is expected to make an identifiable contribution to the organization's profits. |
| cost objectivenoun | (accounting) The purpose for which costs are measured. |
| direct costnoun | (finance, accounting, business) A cost that can be directly attributed to a cost object (such as a particular project, facility, function, service, or product). |
| variable costnoun | (accounting) A cost that changes with the change in volume of activity of an organization. |
| accounting costnoun | (economics) The total amount of money or goods expended in an endeavor, in which it is paid out at some time and recorded in journal entries and ledgers. |
| costingverb | The estimation of the cost of a process or product. |
| indirect costnoun | (finance, business, accounting) Any cost that is not directly accountable to a cost object (such as a particular project, facility, function, or product). They include administration, personnel and security costs. |
| cost avoidancenoun | (management, accounting) An expense one has avoided incurring. |
| fixed costnoun | (accounting, chiefly in the plural) A cost of business which does not vary with output or sales; an overhead. |
| absorption costingnoun | (business) An accounting method to calculate the total cost of a product by factoring both direct and indirect costs. |
| cost functionnoun | Any mathematical relationship between an activity and its cost. |
| coverage analysisnoun | The analysis of a medical study in order to allocate costs. |
| should-costnoun | (business, countable) A price determined by this means. |
| cost overrunnoun | (accounting) An excess of actual cost over budget. |
| contingency costnoun | (accounting) An expense incurred precautionarily for a use that may not occur such as an event of damage or a change order. |
| business unitnoun | (business, management) A profit center which focuses on a particular product line and/or market segment, having its own marketing plan and campaign, even if part of a larger business entity. |
| van camp accountingnoun | (accounting) In California community property law, a mechanism to deal with community funds and/or labor used to enhance the value of separate property. The manager's services are valued at a market rate, and community expenses are subtracted from that amount. The result is considered community property. |
| cost-benefit analysisnoun | Any comparison of costs and benefits. |
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