cost centre
noun
  1. a person or group whose costs can be itemised and to which costs can be allocated in accounts

  2. a unit, a process or an individual that provides a service needed by another part of an organisation and whose cost is therefore accepted as an overhead of the business

Browse by Subjects
indirect labour costs
absorption costing
allocated costs
cost apportionment
common cost
See All Related Terms »

government sponsored
perquisite
group
tax avoidance
Quality option