Define: Breakdown of Costs

How is Breakdown of Costs defined in a legal contract?

• Breakdown of Costs means a detailed document that’s part of the account statement. This contains a comprehensive list of all fees, expenses and other payment obligations associated with the payment services, which are due to be paid by the client who qualifies as a consumer or micro-business to [organization]. Seen in 36 SEC filings
• Breakdown of Costs means a detailed schedule associated with a specific classification, that separately itemizes each component that represents 10% or more of the total costs. All other costs are grouped together under the heading of 'miscellaneous costs'. Seen in 5 SEC filings
• Breakdown of Costs means a document that’s part of the account statement. This contains a comprehensive list of all fees, costs, and other payment obligations related. Seen in 4 SEC filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of breakdown of costs' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Breakdown of Costs means a detailed document itemizing all fees, expenses, and payment obligations associated with [services].

Relevant Contract Types

• Service Agreement Contracts
• Consulting Agreements
• Subcontractor Agreements

Relevant Circumstances

• Creation of business collaborations or partnerships
• Establishing terms for consultancy or specialized services
• Hiring a subcontractor to complete a task

Relevant Sectors

• Consultancy
• Architecture & Construction
• IT Services

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Genie Definition 2

Breakdown of Costs means an itemized schedule where each component representing 10% or more of the total costs is listed separately.

Relevant Contract Types

• Project Contracts
• Commercial Leases
• Supply Chain Agreements

Relevant Circumstances

• Implementation of a predefined project
• Establishing commercial property rental agreements
• Setting up a supply chain relationship

Relevant Sectors

• Project Management
• Real Estate
• Supply Chain & Logistics

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