non-overhead bearing fee

English translation: a fee which does not include any overhead costs

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:non-overhead bearing fee
Selected answer:a fee which does not include any overhead costs
Entered by: Yvonne Gallagher

23:46 Sep 5, 2013
English language (monolingual) [PRO]
Bus/Financial - Medical (general) / clinical trial
English term or phrase: non-overhead bearing fee
Corresponding fee per completed service: XXXX will provide the Site a one-time, **non-overhead bearing fee** of $11111 to cover all of the costs associated with conducting pre-screening

A term in a Agreement on performing a clinical trial.

Thank you.
boostrer
United States
Local time: 16:23
a fee which does not include any overhead costs
Explanation:
http://www.thefreedictionary.com/overhead

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Note added at 3 hrs (2013-09-06 03:15:08 GMT)
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http://www.investopedia.com/terms/o/overhead.asp

Definition of 'Overhead'
An accounting term that refers to all ongoing business expenses not including or related to direct labor, direct materials or third-party expenses that are billed directly to customers. Overhead must be paid for on an ongoing basis, regardless of whether a company is doing a high or low volume of business. It is important not just for budgeting purposes, but for determining how much a company must charge for its products or services to make a profit.
Investopedia Says
Investopedia explains 'Overhead'
For example, a service-based business that operates in a traditional white-collar office setting would have overhead expenses such as rent, utilities and insurance.

Overhead expenses can be fixed, meaning they are the same from month to month, or variable, meaning they increase or decrease depending on the business's activity level. They can also be semi-variable, meaning that some portion of the expense will be incurred no matter what, and some portion depends on the level of business activity. Overhead can also be general, meaning that it applies to the company's operations as a whole, or applied, meaning that it can be allocated to a specific project or department. These expenses are typically found on a company's income statement.
Selected response from:

Yvonne Gallagher
Ireland
Local time: 20:23
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
4 +4a fee which does not include any overhead costs
Yvonne Gallagher


  

Answers


3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
a fee which does not include any overhead costs


Explanation:
http://www.thefreedictionary.com/overhead

--------------------------------------------------
Note added at 3 hrs (2013-09-06 03:15:08 GMT)
--------------------------------------------------

http://www.investopedia.com/terms/o/overhead.asp

Definition of 'Overhead'
An accounting term that refers to all ongoing business expenses not including or related to direct labor, direct materials or third-party expenses that are billed directly to customers. Overhead must be paid for on an ongoing basis, regardless of whether a company is doing a high or low volume of business. It is important not just for budgeting purposes, but for determining how much a company must charge for its products or services to make a profit.
Investopedia Says
Investopedia explains 'Overhead'
For example, a service-based business that operates in a traditional white-collar office setting would have overhead expenses such as rent, utilities and insurance.

Overhead expenses can be fixed, meaning they are the same from month to month, or variable, meaning they increase or decrease depending on the business's activity level. They can also be semi-variable, meaning that some portion of the expense will be incurred no matter what, and some portion depends on the level of business activity. Overhead can also be general, meaning that it applies to the company's operations as a whole, or applied, meaning that it can be allocated to a specific project or department. These expenses are typically found on a company's income statement.

Yvonne Gallagher
Ireland
Local time: 20:23
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 60
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Victoria Britten: Spot on
3 hrs
  -> thanks Victoria

agree  Tina Vonhof (X)
12 hrs
  -> thanks Tina

agree  B D Finch
1 day 6 hrs
  -> thanks B!

agree  Veronika McLaren
1 day 17 hrs
  -> Thanks Veronika!
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