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Cost centre
A division or project of an organization to which costs can be specifically allocated.
📖 Definitions of "Cost centre"
noun
- 1
A division or project of an organization to which costs can be specifically allocated.
💡 Words with a Similar Meaning to "Cost centre"
Found via reverse dictionary — words that share a conceptual meaning.
| Word | Definition |
|---|---|
| cost centernoun | (accounting, management) A division or project of an organization to which costs can be specifically allocated. |
| 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 objectnoun | (accounting) Something to which costs are assigned; anything for which a separate measurement of cost is required. |
| cost avoidancenoun | (management, accounting) An expense one has avoided incurring. |
| profit centrenoun | British and Canada standard spelling of profit center. [(accounting, management) A unit or department of a company which is expected to make an identifiable contribution to the organization's profits.] |
| 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). |
| fixed costnoun | (accounting, chiefly in the plural) A cost of business which does not vary with output or sales; an overhead. |
| 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. |
| 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 objectivenoun | (accounting) The purpose for which costs are measured. |
| breakeven pointnoun | Alternative spelling of break-even point. [(business, management) The point where total costs equal total revenue and the organization neither makes a profit nor suffers a loss.] |
| breakevennoun | Alternative spelling of break-even. [(business, management) The level of revenues sufficient to cover costs.] |
| budget cutnoun | (business, finance) In a company or organization, the act of reducing expenditures in a budget. |
| accountancynoun | (uncountable, British, New Zealand, often Philippines, accounting) The function of compiling and providing financial information primarily by reports referred to as financial statements, including bookkeeping, systems design, analysis and interpretation of accounting information. |
| management accountingnoun | A branch of accounting concerned with providing financial information to the management of organisations to support decision making. |
| operating costnoun | (business, accounting) Expense which is related to the operation of a business. |
| should-costnoun | (business, countable) A price determined by this means. |
| cost savingnoun | a reduction in costs, which can be achieved by buying at a lower price, or by cost-cutting measures. |
| indirect | Not direct: |
| oncostnoun | Additional costs; extra expenses. |
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