Electronic Funds Transfer (EFT) With electronic funds transfer (EFT), government agencies can pay and collect money electronically, without having to use paper checks. EFT is safe, secure, efficient, and less expensive than paper check payments and collections. Each time the government pays by check, it costs $1.03 (just over a dollar).
Definition of overhead. 1  1 : business expenses (as rent, insurance, or heating) not chargeable to a particular part of the work or product. 2  2 : ceiling; especially : the ceiling of a ship's compartment. 3  3 : a stroke in a racket game made above head height : smash.
Definition. Indirect expenses associated with processes used to produce a good or service. Production overhead may include expenses such as stationery, utilities, support staff salaries, and rent or other facilities costs.Finding ways to reduce production overhead is a frequent technique for improving the efficiency and profitability of production.roduction overhead may include expenses such as stationery, utilities, support staff salaries, and rent or other facilities costs.