Definition of Cost Sharing

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TeachMeFinance.com - explain Cost Sharing



Cost Sharing

A publicly financed program through which society, as a beneficiary of environmental protection, shares part of the cost of pollution control with those who must actually install the controls. In Superfund, for example, the government may pay part of the cost of a cleanup action with those responsible for the pollution paying the major share.



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".


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