out of pocket cost
Definition
Cost requiring cash disbursements in the current accounting period. Thus, depreciation is not an out-of-pocket cost because it does not require spending of cash.
out of pocket cost is in the Accounting & Auditing subject.
This content can be found on the following page:
http://www.businessdictionary.com/definition/out-of-pocket-cost.html
email to a friend print this definition cite this definition








