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Term: Accounting -> Overhead
Term:

Overhead

Definition:

Those elements of cost necessary in the production of an article or the performance of a service that are of such a nature that the amount applicable to the product or service cannot be determined directly. Usually, they relate to those costs which do not become an integral part of the finished product or service, such as rent, heat, light, supplies, management or supervision

Related terms:

Long-Term Debt

Budget Review

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