Home > Term: Maximum allowable cost (MAC)
Maximum allowable cost (MAC)
Maximum Allowable Cost, or Charge. The maximum that a vendor may charge for something. This term is often used in pharmaceutical contracting.
- Part of Speech: noun
- Industry/Domain: Health care
- Category: General
- Company: United States Department of Justice
0
Creator
- Harry8L
-
(V.I.P) 574128 points - 100% positive feedback
(London, United Kingdom)
