<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/RMYc4C8uXSI5QSPFRcJHbr">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/RTHm2BxeaziDbm5655G1ki"/>
  <rdfs:label>Cost Center</rdfs:label>
  <skos:definition>A Cost Center is a department or unit within an organization that incurs expenses but does not directly generate revenue. It is used for budgeting and accounting purposes to track and analyze costs, helping management make informed decisions about resource allocation and operational efficiency</skos:definition>
</owl:Class>