COST ALLOCATION Definition

Bookmark and Share

COST ALLOCATION is the assignment to each of several particular cost-centers of an equitable proportion of the costs of activities that serve all of them, i.e. shared cost pools.

Learn new Accounting Terms

GREENMAIL, in the U.S., payment by a takeover target to a potential bidder, usually to buy back acquired shares at a premium - in return for the predator not pursuing the bid.

CASH-CARD is a credit card that entitles the holder to receive cash.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.