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Definition of cost centre noun from the Oxford Advanced Learner's Dictionary

cost centre

noun
 
/ˈkɒst sentə(r)/
 
/ˈkɔːst sentər/
(US English cost center)
(business)
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  1. a part of an organization to which costs may be charged; a part of an organization viewed as bringing costs rather than profits or benefits
    • Most senior managers see customer service as a cost centre.
    • The aim is to move from being a cost centre to becoming a profit centre.
    Topics Businessc2
trait
noun
 
 
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B2
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