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Out-Of-Pocket Cost

 
Accounting Dictionary: Out-Of-Pocket Cost
 

Actual cash outlays made during the period for payroll, advertising, and other operating expenses. Depreciation is not an out-of-pocket cost, since it involves no current cash expenditure.

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Accounting Dictionary. Dictionary of Accounting Terms. Copyright © 2005 by Barron's Educational Series, Inc. All rights reserved.  Read more