Meaning of “cost centre” in the English Dictionary


"cost centre" in Business English

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cost centrenoun [ C ]

uk us UK US cost center

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.

(Definition of “cost centre” from the Cambridge Business English Dictionary © Cambridge University Press)