Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

cost centre

 
 
noun [C] UK (US cost center)

Definition

ACCOUNTING a part of a company or organization considered as unit so that the costs relating to it can be calculated for the company's accounts: allocate/charge sth to a cost centre Please state the cost centre that these expenses should be charged to. → Compare profit centre
(Definition of cost centre noun from the Cambridge Business English Dictionary © Cambridge University Press)

Word of the Day

rain on sb's parade

to do something that spoils someone's plans

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More