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indirect cost
noun
- a business cost that is not directly accountable to a particular function or product; a fixed cost, as a land tax or the like.
51Թ History and Origins
Origin of indirect cost1
Example Sentences
“The cost of providing that same level of education to the remaining students in public school is this second indirect cost of vouchers.”
In addition to the $900 million that the state paid out to support the voucher program in 2024, far surpassing the $64 million estimate from the state’s budget committee, Economic Policy Institute economist Hilary Wething told Salon there was another indirect cost plaguing public school students.
“No such power was conveyed by Congress here. Indeed, Congress has explicitly limited the NIH’s authority to modify indirect cost rates retroactively.”
With UCLA’s indirect cost rate of 57%, at first glance, it appears Poe would receive an additional $142,500 in such funding.
"Congress should cap the indirect cost rate paid to universities so that it does not exceed the lowest rate a university accepts from a private organization to fund research efforts," the proposal states.
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