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life-cycle cost

   Also found in: Financial 0.01 sec.
life-cycle cost [′līf ‚sī·kəl ‚kȯst]
(engineering)
A measurement of the total cost of using equipment over the entire time of service of the equipment; includes initial, operating, and maintenance costs.


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However, TFM believes the "true" cost, sometimes referred to as life-cycle cost, should be considered--that is, the total cost of owning, operating and maintaining a building over its "remaining useful life".
We are proud to partner with Saudi Electric Company to support their objective of achieving enhanced power delivery system reliability, with optimal life-cycle cost through proven materials systems," said Mr.
The Navy estimated the life-cycle costs for 19 nuclear cruisers and 19 conventional cruisers using the 2007 price of crude oil.
 
 
 
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