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Accounting
Banking

Direct Cost

A measure of cost that reflects the total direct costs of a production process, including raw materials and labor (direct...

Flat Cost

A measure of cost that reflects the total direct costs of a production process, including raw materials and labor (direct...

Prime Cost

A measure of cost that reflects the total direct costs of a production process, including raw materials and labor (direct...

Onerous Contract

A contract whose costs outweigh its potential benefits. More specifically, the unavoidable costs of meeting the obligations under this contract...

Indirect Bankruptcy Costs

The bankruptcy costs incurred by a firm as an indirect result of the bankruptcy process such as lost sales (customers become reluctant to purchase...

Direct Bankruptcy Costs

The bankruptcy costs that arise from cash outlays  that relate to bankruptcy process such as fees paid to lawyers, accountants, administrators, liquidators, and investment bankers involved in bankruptcy proceedings....