cost

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cost

1. 
a. the amount paid for a commodity by its seller
b. (as modifier): the cost price
2. Law the expenses of judicial proceedings
References in periodicals archive ?
The economic intuition is that cash is another asset that produces lower returns than the operating assets, and the firm can costlessly invest in and divest.
Our second case is where prospective injurers can predict actual harm perfectly and costlessly.
In this case, if regulatory compliance were achievable costlessly, the optimal voting fraud limit would be zero, or something quite near that.
A "complete" property system, in which property was defined with "full" precision on all dimensions, would be costlessly achievable; in such a system rights would refer to the tiniest uses over the shortest times availing between each pair of members of society, existing and unborn, and would incorporate every conceivable contingency.
rights can costlessly ascertain ownership of the rights she seeks to
Those capital goods cannot be used for any old production process, at least not costlessly.
In either case--the purchase of a new piece of capital or the hiring of a new worker--the decision cannot be reversed costlessly.
If every individual within a bureaucracy could costlessly move between organizations, intra-organizational reward structures would be relatively unimportant for career advancement, and reputation in the wider community would largely determine salaries.
Unless a tradable and frictionless quota system is costlessly set up to do the secondary allocation, there will be a bottom-up inefficiency that is similar to that imposed by a price ceiling or a price floor.
The search and matching model introduces frictions into the labor market in the sense that workers and employers cannot costlessly contact each other.
The consequences of the noise in a costlessly verifiable proxy can
All information for the effective potential of transactions (exploration of technological opportunities, satisfying various demands, respecting assigned and transferred rights) would be costlessly available.