cost

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Related to costing: marginal costing, cost accounting, product costing, process costing

cost

(Expenses), noun business expense, charge, expenditure, legal expense, money expended, obligation incurred, outgo, outlay, overhead, payment, running expense
Associated concepts: awarding costs, bill of costs, costs and disbursements

cost

(Penalty), noun amercement, bereavement, damages, fine, forfeiture, harm, impairment, injury, loss, penal retribution, penalization, penance, privation, punishment, sacrifice, unfortunate consequence
Associated concepts: court costs, treble costs

cost

(Price), noun appraisal, asking price, assessment, carrying charge, charge, consideration, expensiveness, face value, high worth, impensa, mark up, marked price, purrhase price, quotation, quoted price, reckoning, sum asked for, valuation, value
Associated concepts: accrued costs, actual cost, all costs, cost basis, cost of administration, cost of doing business, cost of materials, cost of repair, cost of replacement, cost-plus contract, costs and expenses, costs of suit, fixed costs, full costs, legal costs, legitimate cost, marginal cost, operating costs, sheriff's costs, total cost, wholesale cost
See also: bill, charge, detriment, expenditure, fee, forfeiture, invoice, loss, maintenance, outlay, overhead, penalty, price, rate, rent, toll, upkeep, value, worth
References in periodicals archive ?
Despite the enormous technical advances in software development coupled with the proliferation of fully integrated software systems, the costing and cost control modules of these systems are Third World orphans compared to state-of-the-art costing.
Activity-based costing provides the most accurate response.
CostMate for molded part costing calculates part volumes, weights, and cycle times and includes a machinery database, regrind costs, and other user-specified costs.
The ultimate goal of Alberta Health is to develop a prospective, case-based funding system, using standard costing methodologies across the province.
Saint Mary's Health Care, which operates a network that includes 2,500 employees, a 324-bed hospital, and several centers for specialized care, has recently deployed BusinessObjects Activity Based Costing to help quantify the costs of providing services to patients.
Windsor's experience points up the eye-opening nature of ABCM--even for a company that already had a sophisticated costing system.
As a result of its more sophisticated approach to product costing, ABC provides companies with better product costs and a better understanding of product pricing and product mix decisions on their profitability.
Active involvement by top-level management is the key to a profitable costing and pricing system.
This improves the product or service costing an organization does.
In the United States alone, approximately 25 percent(1) of the population is afflicted, costing $70 billion a year in medical costs(2) and 515 million lost workdays.
If desired, engineers can use 3-D part geometry data for cost estimating by importing solid models into DFM Concurrent Costing from all the major CAD/CAM software systems, including Pro/ENGINEER, CATIA, Unigraphics, I-DEAS, AutoCad, SolidWorks, and many others.