indirect cost

noun

: a cost that is not identifiable with a specific product, function, or activity

Examples of indirect cost in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The Trump administration last month planned to limit the National Institute of Health’s research grants by capping indirect costs to 15%, which translates to a loss of hundreds of millions of dollars of funding for many institutions including Johns Hopkins. Omer Awan, Forbes, 15 Mar. 2025 The University of Pittsburgh, for example, says cutting the indirect cost rate will amount to a loss of reimbursement of $168 million this year. Rachel Treisman, NPR, 12 Mar. 2025 Even the wealthy Gates Foundation pays a maximum indirect cost rate of only 10 percent. William Lambers, Newsweek, 7 Mar. 2025 As an example, an institution with a 50% indirect cost rate would get another $50,000 to cover indirect expenses for a $100,000 project. arkansasonline.com, 6 Mar. 2025 See All Example Sentences for indirect cost

Word History

First Known Use

circa 1909, in the meaning defined above

Time Traveler
The first known use of indirect cost was circa 1909

Browse Nearby Words

Cite this Entry

“Indirect cost.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/indirect%20cost. Accessed 25 Mar. 2025.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!