Term -Cost of money rate

Cost of money rate is either-

   (1) The interest rate determined
by the Secretary of the Treasury under Pub. L. 92-41 (85 Stat 97);
   (2) The time-weighted average of
the interest rate for each cost accounting period during which the
asset is being constructed, fabricated, or developed.
See Intranet home page for current official cost of money rate.

Pin It on Pinterest

Share This