excess costs
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excess — noun,adjective (an amount) which is more than what is allowed ● an excess of expenditure over revenue ● Excess costs have caused us considerable problems … Dictionary of banking and finance
Excess burden of taxation — Taxation An aspect of fiscal policy … Wikipedia
excess — in an insurance policy, excess clauses specify that the policyholder will be responsible for a portion of claims under certain conditions. Glossary of Business Terms The dollar amount by which the equity exceeds the margin requirements in a… … Financial and business terms
Excess Capacity — A situation in which actual production is less than what is achievable or optimal for a firm. This often means that the demand in the market for the product is below what the firm could potentially supply to the market. The amount of excess… … Investment dictionary
excess — 1. American to dismiss from employment When the employer wants to cut costs by getting rid of excess labour: Workers are never laid off; they re redundant , excessed , transitioned , or offered voluntary severance . (Wall Street… … How not to say what you mean: A dictionary of euphemisms
Quality costs — The concept of quality costs is a means to quantify the total cost of quality related efforts and deficiencies. It was first described by Armand V. Feigenbaum in a 1956 Harvard Business Review article.[1] Prior to its introduction, the general… … Wikipedia
Deferred Acquisition Costs — (DAC) is a term commonly used in the insurance business. It describes the practice of deferring the cost of acquiring a new customer over the duration of the insurance contract. Insurance companies face large upfront costs incurred in issuing new … Wikipedia
billings in excess of cost — A liability created under a type of accrual accounting used when firms such as contractors bill their customers in accounting periods for costs that they incur in subsequent accounting periods. American Banker Glossary … Financial and business terms
minimum pension liability in excess of unrecognized prior service costs — See unfunded pension losses … Financial and business terms
Government contract — Contracting with the U.S. Government is based on many of the same principles as commercial contracting andcan be very profitable, but is sufficiently different from commercial contracting to require special care.Persons entering into commercial… … Wikipedia
Government procurement in the United States — is based on many of the same principles as commercial contracting, but is subject to special laws and regulation as described below. Persons entering into commercial contracts are pretty much free to do anything that they can agree on. Each… … Wikipedia
