- discretionary costs
- = managed costsCosts incurred as a result of a managerial decision; the extent of these costs is consequently subject to managerial discretion. A characteristic of such costs is that they are often for a specified amount or subject to a specific formula, such as a percentage of sales revenue. Examples include advertising and research expenditure.
Accounting dictionary. 2014.
Look at other dictionaries:
discretionary costs — ➔ cost1 * * * discretionary costs UK US noun [plural] (also managed costs) ACCOUNTING ► amounts of money that a company spends on something such as advertising or development of new products, that it can reduce temporarily without affecting… … Financial and business terms
discretionary costs — managed costs Costs incurred as a result of a managerial decision; the extent of these costs is consequently subject to managerial discretion. A characteristic of such costs is that they are often for a specified amount or subject to a specific… … Big dictionary of business and management
costs — Ⅰ. costs [plural] (also legal costs) ► LAW the money that helps pay for the lawyers and the court in a legal case, usually paid by the person or organization that has lost the case: »They were fined $50,000 and ordered to pay $10,000 in costs. →… … Financial and business terms
discretionary spending — ➔ spending * * * discretionary spending UK US noun [U] ► ECONOMICS, FINANCE money spent by consumers on things other than necessary things such as food, clothes, and fuel: »Soaring fuel prices have hit discretionary spending, which could weaken… … Financial and business terms
Discretionary Expense — A discretionary expense is a cost which is not essential for the operation of a home or a business. For example, a business may allow employees to charge certain meal and entertainment costs to the company in order to promote goodwill with… … Investment dictionary
discretionary income — noun income remaining after deduction of taxes, social security charges, and basic living costs. Compare with disposable income … English new terms dictionary
managed costs — UK US noun [plural] ACCOUNTING ► DISCRETIONARY COSTS(Cf. ↑discretionary costs) … Financial and business terms
managed costs — See: discretionary costs … Accounting dictionary
managed costs — See discretionary costs … Big dictionary of business and management
cost — The opposite of revenue. An expense that reflects the price of purchasing goods, services and financial instruments. A cash cost means that cash is given up today to the purchase. Also, the purchase price of an investment, which is compared to… … Financial and business terms