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marginal cost
(economics) The increase in cost that accompanies a unit increase in output; the partial derivative of the cost function with respect to output.
cost function
Any mathematical relationship between an activity and its cost.
appraisal cost
(real estate, usually in the plural) The costs that are incurred in assessing that products/services conform to the requirements. It relates to testing, executing, and examination to assess whether specified quality is being maintained. Some example component items of the total appraisal costs are: product quality audits, process control monitoring, inspection and testing of goods, and maintenance of test equipment.
cost-of-living
cost center
(accounting, management) A division or project of an organization to which costs can be specifically allocated.
opportunity cost
(economics) The cost of an opportunity forgone (and the loss of the benefits that could be received from that opportunity); the most valuable forgone alternative.
design to cost
(business) A process or program to design a product or service to an optimum cost to value ratio.
carbon cost
Synonym of carbon footprint
landed cost
(business) The end cost of an internationally shipped item. This includes purchase price, freight, insurance, and other costs and may sometimes include duties and taxes.