Cost Of Money definition

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Cost Of Money

Cost Of Money logo #21212An imputed cost determined by applying a cost-of-money rate to facilities capital employed in contract performance, or to an investment in tangible and intangible assets while they are being constructed, fabricated or developed for the contractor's own use. Although technically not a recovery of interest, cost of money is intended to compensate a c...
Found on http://www.lectlaw.com/def/c187.htm
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