Examlex
All costs other than direct materials and direct manufacturing labor are classified as indirect costs.
Going Rate
The current standard price or wage rate for goods, services, or labor in a particular market or industry.
Insurance Policy
A contract between an insurance company and a policyholder that outlines the terms and conditions under which the insurer agrees to compensate the insured for specific losses.
High Deductible
A health insurance plan feature requiring a higher out-of-pocket payment before insurance coverage begins.
Co-Payments
Fixed amounts paid by an insured person for covered services, in addition to what the insurance covers.
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