profit centre

A section or area of an organization to which revenue can be traced, together with the appropriate costs, so that profits can be ascribed to that area. Profit centres may be divisions, subsidiaries, or departments.

Accounting dictionary. 2014.

Look at other dictionaries:

  • profit centre — ➔ centre * * * profit centre UK US (US profit center) noun [C] ► ACCOUNTING a part of a company that is treated as a separate business and that is expected to make a profit: »The company s biggest profit centre remains its tenanted pubs. →… …   Financial and business terms

  • profit centre — noun A department or process in a business for which separate costs and revenue (and therefore profit) can be worked out • • • Main Entry: ↑profit * * * profit centre UK US noun [countable] [singular profit centre …   Useful english dictionary

  • profit centre — UK / US noun [countable] Word forms profit centre : singular profit centre plural profit centres business a section or activity of a company that makes a profit on its own …   English dictionary

  • profit centre — / prɒfɪt ˌsentə/ noun 1. a person or department that is considered separately for the purposes of calculating a profit ● We count the kitchen equipment division as a single profit centre. 2. a person, unit, or department within an organisation… …   Marketing dictionary in english

  • profit centre — / prɒfɪt ˌsentə/ noun a person, unit or department within an organisation which is considered separately for the purposes of calculating a profit ● We count the kitchen equipment division as a single profit centre …   Dictionary of banking and finance

  • profit centre — A section or area of an organization to which revenue can be traced, together with the appropriate costs, so that profits can be ascribed to that area. Profit centres may be divisions, subsidiaries, or departments …   Big dictionary of business and management

  • profit centre — noun a part of an organization with assignable revenues and costs and hence ascertainable profitability …   English new terms dictionary

  • centre — cen‧tre [ˈsentə ǁ ər] , center noun [countable] 1. COMMERCE the place where most of the important things connected with a business or activity happen: • Bahrain has become a major international banking centre. centre of …   Financial and business terms

  • profit — noun ADJECTIVE ▪ big, considerable, decent, enormous, fat, good, greater, handsome, healthy, hefty, high …   Collocations dictionary

  • Profit-Center — Pro|fit|cen|ter, Pro|fit Cen|ter [ prɔfit…], das; s, [engl. profit centre (amerik.: center), aus: profit = Gewinn u. centre, ↑ Center] (Wirtsch.): Unternehmensbereich mit Verantwortung für den betriebswirtschaftlichen Erfolg. * * *… …   Universal-Lexikon

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