/ Dictionary / Index C cost center: Meaning and Definition of Find definitions for: cost' cen"ter Pronunciation: [key] any unit of activity, group of employees or machines, line of products, etc., isolated or arranged in order to allocate and assign costs more easily. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. cost card cost-cut Related Content Daily Word Quiz: gregarious Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language