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TeachMeFinance.com - explain Cost allocation Cost allocation The term 'Cost allocation' as it applies to the area of reclamation can be defined as ' Procedures used to allocate joint project costs to specific purposes in a multipurpose project. The allocations for some projects change from year to year because of changes in project composition. The process of distributing project costs among authorized project purposes to determine repayment requirements'. Previous 5 Terms: Cosmic Ray Cosmid cosmogenic cosmology cosmotellurian Next 5 Terms: Cost effectiveness Cost model for undiscovered resources Cost of capital Cost of debt Cost of preferred stock About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.