The-definition.com

Definition

Indirect costs

Indirect costs refers to expenses, such as fringe benefits, overhead, utilities, rent or equipment, that have been incurred for the purpose of common general activities and cannot be identified or charged directly to the production of a specific project.

Share it:  Cite

More from this Section

  • Salary grade
    Salary grade is a compensation level expressed as a salary range, which has been ...
  • Stock option plan
    Stock option plan is an organizational program that it that grants employees the option ...
  • Work hardening
    Work hardening is a program, typically lasting four to six weeks, that provides workers ...
  • Soft skills
    Soft skills required to perform a certain job where the job is defined in terms of expected ...
  • U.S. Citizenship and Immigration Services (USCIS)
    U.S. Citizenship and Immigration Services (USCIS) refenrs to on March 1, 2003, service ...