COST OF MONEY Definition

COST OF MONEY is a form of indirect cost incurred by investing capital in facilities employed on government contracts.

Learn new Accounting Terms

CONSUMER PRICE INDEX (CPI) is the measure of change in consumer prices as determined by a monthly survey by the U.S. Bureau of Labor Statistics. Among the CPI components are the costs of food, housing, transportation, and electricity (i.e., the average cost of a "basket" of goods and services). Also known as the cost-of-living index.

ACCRUED EXPENSES are expenses incurred during an accounting period for which payment is postponed.

Suggest a Term