cost
Definition
An amount that has to be paid or given up in order to get something.
In business, cost is usually a monetary valuation of (1) effort, (2) material, (3) resources, (4) time and utilities consumed, (5) risks incurred, and (6) opportunity forgone in production and delivery of a good or service. All expenses are costs, but not all costs (such as those incurred in acquisition of an income-generating asset) are expenses.
In business, cost is usually a monetary valuation of (1) effort, (2) material, (3) resources, (4) time and utilities consumed, (5) risks incurred, and (6) opportunity forgone in production and delivery of a good or service. All expenses are costs, but not all costs (such as those incurred in acquisition of an income-generating asset) are expenses.
Something
of value, usually an amount of money, given up in exchange for
something else, usually goods or services. All expenses are costs, but
not all costs are expenses. (An expense is the cost of resources used to
produce revenue.) As a verb, cost means to estimate the amount of money
needed to produce a product or perform a service - See more at:
http://www.investordictionary.com/definition/cost#sthash.90eGjXsO.dpuf
Definition: In business and accounting, cost is the monetary value that a company has spent in order to produce something.
From a seller’s point of view, cost is the amount of money that is spent to produce a good or a product. If a seller sold his products at the production price, he would break even, meaning that he would not lose money on his sales. However, he would not make a profit either.
From a buyer’s point of view the cost of a product can be called the price. This is the amount that the seller charges for a product, and it includes both the production cost and the mark-up cost, which is added by the seller in order for him to make a profit
Something
of value, usually an amount of money, given up in exchange for
something else, usually goods or services. All expenses are costs, but
not all costs are expenses. (An expense is the cost of resources used to
produce revenue.) As a verb, cost means to estimate the amount of money
needed to produce a product or perform a service - See more at:
http://www.investordictionary.com/definition/cost#sthash.90eGjXsO.dpuf
Cost
Definition
Something of value, usually an amount of money, given up in exchange for something else, usually goods or services. All expenses are costs, but not all costs are expenses. (An expense is the cost of resources used to produce revenue.) As a verb, cost means to estimate the amount of money needed to produce a product or perform a service.
- See more at: http://www.investordictionary.com/definition/cost#sthash.bvlVbsxF.dpufCost
Definition
Something of value, usually an amount of money, given up in exchange for something else, usually goods or services. All expenses are costs, but not all costs are expenses. (An expense is the cost of resources used to produce revenue.) As a verb, cost means to estimate the amount of money needed to produce a product or perform a service.
- See more at: http://www.investordictionary.com/definition/cost#sthash.bvlVbsxF.dpufCost
Definition
Something of value, usually an amount of money, given up in exchange for something else, usually goods or services. All expenses are costs, but not all costs are expenses. (An expense is the cost of resources used to produce revenue.) As a verb, cost means to estimate the amount of money needed to produce a product or perform a service.
- See more at: http://www.investordictionary.com/definition/cost#sthash.bvlVbsxF.dpufCost
Definition
Something of value, usually an amount of money, given up in exchange for something else, usually goods or services. All expenses are costs, but not all costs are expenses. (An expense is the cost of resources used to produce revenue.) As a verb, cost means to estimate the amount of money needed to produce a product or perform a service.
- See more at: http://www.investordictionary.com/definition/cost#sthash.bvlVbsxF.dpuf
