cost centre


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cost centre

n
(Accounting & Book-keeping) a unit, such as a department of a company, to which costs may be allocated for cost accounting purposes
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Translations
Kostenstelle

cost centre

n (also costing centre) → centro di costo
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
References in periodicals archive ?
The award recognises DBS Asia Hub 2 (DAH2) for its rapid transformation, from a pure cost centre into a value centre.
Musa said the money would come from NZNO's fairness at work cost centre, used to support other CTU work.
Software application and engineering company Red Ledge has developed an engineering stores and cost centre management system, the company recently announced.
That's why we've made our latest report available to any enterprise that wants to turn software from a cost centre into a strategic asset."
The poor results confirm our view that MMKEoACAOs new owner Metinvest (METINV) is likely to position MMK Illicha as a cost centre within the holding, similar to its other steel mills Azovstal (AZST) and Enakievo (ENMZ), by supplying iron ore and coke at above export prices.
In my opinion, the notion of IT being a cost centre, instead of being a shared corporate resource that may be leveraged for a company's revenue growth, is an antiquated idea that detracts CIOs from achieving agility, or better business outcomes.
This is synonymous with a bigger script, where a global company will look to shift as much manufacturing to the Far East and a lower cost centre, to maximise profit.
"It is our intention to position this airport as another FlyBE low cost centre."
The new product can be installed in an IT department to give the IT staff control over the company's network through service administration, secure access control and cost centre accounting tools.
The airline and union have reportedly been working together to transform the airline's Maintenance & Engineering organisation from a cost centre to a profit centre.