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Term of the Day
BusinessDictionary.com
cost overrun
Definition
Amount
by which the
actual cost
exceeds the budgeted, estimated,
original
, or
target cost
.
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Nearby Terms
cost of poor quality
cost of production
cost of quality
cost of sales
cost of sales to payables ratio
cost of work
cost overrun
cost per action (CPA)
cost per available seat mile (CASM)
cost per click (CPC)
cost per inquiry (CPI)
cost per lead
cost per point
Popular 'Accounting & Auditing' Terms
accounting
payment terms
accounting concepts
financial management
marginal benefit
letter of credit (L/C)
asset
revenue
pro forma invoice
fixed cost
Related Terms
completion guarantee
incentive-type contract
overrun
completion risk
bonus-penalty clause
unallocated contingency
cost risk
expenditure variance
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