indirect cost

noun

Definition of indirect cost 

: a cost that is not identifiable with a specific product, function, or activity

Examples of indirect cost in a Sentence

Recent Examples on the Web

JPMorgan Chase Chief Executive James Dimon spoke of the indirect costs of trade tensions to business confidence and investment. Aaron Back, WSJ, "Investors Aren’t Buying Bank Chiefs’ Optimism," 5 Dec. 2018 Advancing orders early carries direct and potentially indirect costs for retailers and manufacturers. Erica E. Phillips, WSJ, "Imports Surge at U.S. Ports as Companies Brace for New Tariffs," 15 Nov. 2018 These sources cover both the direct medical costs and the indirect costs of each condition; for instance, one paper estimates the total cost of chronic back pain in the US. Cathleen O'grady, Ars Technica, "A new, eye-wateringly high estimate of the cost of obesity in the US," 1 Nov. 2018 In a speech, Mr. Carney said that a trade war would have direct costs to the global economy through reduced trade as well as indirect costs ranging from weaker business and consumer confidence to higher inflation and sagging productivity growth. Jason Douglas, WSJ, "Trade War Could Knock Global Growth, Says Bank of England Governor," 5 July 2018 Parents struggling to care for a child on the autism spectrum have the stress of direct costs -- such treatments and therapies -- and indirect costs, like loss of income for parents who need to work less, or not at all. Katie Parsons, OrlandoSentinel.com, "The costs of autism strap many families," 3 July 2018 Each of the counties hope to get some compensation for the indirect costs of opioid use — like the tobacco settlements years ago that continue to generate funds for Idaho and other states. Audrey Dutton, idahostatesman, "Idaho counties are suing Big Pharma for enabling opioid abuse | Idaho Statesman," 15 Apr. 2018 The profits attributable to the assets being transferred are approximately $140 million, excluding depreciation, amortization and other direct and indirect costs, Shire said. Noemie Bisserbe, WSJ, "Shire to Sell Oncology Unit for $2.4 Billion as Takeda Mulls Takeover," 16 Apr. 2018 Angelenos spent an average of 102 hours last year in traffic jams during peak congestion hours, costing drivers $2,828 each and the city $19.2 billion from direct and indirect costs. Kirsten Korosec, Fortune, "The 10 Most Congested Cities in the World," 5 Feb. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'indirect cost.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of indirect cost

circa 1909, in the meaning defined above

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Last Updated

12 Dec 2018

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The first known use of indirect cost was circa 1909

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