period cost

  

Definitions (2)

1. Selling and general administrative expenses identified with the accounting period in which they are incurred, and charged against sales revenue in the same period. Also called period expense.
2. Depreciation, interest, rent, and other such costs associated with the passage of time (instead of with the units of output) and treated as fixed costs.

Use period cost in a sentence

  • The period cost for renting the office space included 12 invoices because there are 12 months within the accounting period.

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