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oncost

Line breaks: on¦cost
Pronunciation: /ˈɒnkɒst
 
/

Definition of oncost in English:

noun

British
An overhead expense: safety equipment is usually regarded as an oncost
More example sentences
  • Fixed charges usually known as shop expenditure and establishment expenses or shop oncost and office oncost, are apportioned to the various jobs.
  • Jenkinson recommends the use of a work in process account that includes prime costs only, oncost was only added in the sales journal at the time of sale.

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