off-site cost

off-site cost definition - business

off-site cost

The expense of a remote activity in support of an organization's main pursuit. For example, a financial institution has off-site costs while maintaining records in a remote location. Off-site costs for disposal of drilling wastes can be a major expense for oil and gas companies.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.