What does Cost Center mean?
A department or unit within an organization that does not directly add to profit but still costs the organization money to operate.
The IT department is treated as a cost center because it does not directly generate revenue.
Cost Center in German, French, Spanish and Italian
GermanKostenstelle
Unternehmensbereich, der nur Kosten verursacht und keine Erlöse erzielt.
Frenchcentre de coûts
Division d'une entreprise qui n'engendre que des dépenses.
Spanishcentro de costos
Unidad de la empresa que genera costes sin producir ingresos directos.
Italiancentro di costo
Unità organizzativa cui sono attribuiti i costi di competenza.
Synonyms and opposites for Cost Center
- Synonym Expense unit
- Opposite Profit center