COST CENTER Definition

Bookmark and Share

COST CENTER is a non-revenue-producing element of an organization, where costs are separately figured and allocated, and for which someone has formal organizational responsibility.

Learn new Accounting Terms

INCOME AFTER TAXES is the net profit earned by the company after deducting all expenses like interest, depreciation and tax. PAT can be fully retained by a company to be used in the business. Dividends, if declared, are paid to the share holders from this residue.

ROIC see RETURN ON INVESTED CAPITAL.

Suggest a Term

Enter Search Term

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