Glossary of Terms and Definitions

Glossary Term: Indirect Costs (relating to Reseach Cost Recovery)

Definition:

the costs of research that cannot be easily and accurately traced to a single project or activity because they are jointly incurred by numerous research projects and activities going on in an institution at the same time and therefore must be apportioned to each project according to its usage of the institution's facilities and services (estimated to be 40-60% of Direct Costs). Examples include fire insurance on a building, utility bills and the use of central services. http://www.statcan.gc.ca/pub/88-001-x/2011003/technote-notetech2-eng.htm
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