First cost

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first cost

[¦fərst ′kȯst]
(industrial engineering)
The sum of the initial expenditures involved in capitalizing a property; includes items such as transportation, installation, preparation for service, as well as other related costs.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.

First cost

The sum of the initial expenditures involved in capitalizing a property or building a project; includes items such as transportation, installation, preparation for service, as well as other related costs. In the context of a building, first cost includes land acquisition costs in addition to the cost of construction.
Illustrated Dictionary of Architecture Copyright © 2012, 2002, 1998 by The McGraw-Hill Companies, Inc. All rights reserved
References in classic literature ?
Louis; which, in consequence of the expenses and risks of a long land carriage, were furnished them at an immense advance on first cost. He had an idea that they might be much more cheaply supplied from the Pacific side.
He was to furnish vessels, goods, provisions, arms, ammunition, and all other requisites for the enterprise at first cost and charges, provided that they did not, at any time, involve an advance of more than four hundred thousand dollars.
He was to give me ten dollar an acre for the clearin’, and one dollar an acre over the first cost on the woodland, and we agreed to leave the buildin’s to men.
This month's column compares various VAV box inlet and outlet duct design options including their impact on first costs and pressure drop.
Heat pump first costs are calculated as a linear relation to the heat pump size, and are based on list prices from a Swedish heat pump manufacturer.
One of the first costs Redrow will cover is transport to take the boys in Merthyr Tydfil to Aberdare for their weekly singing practice.
The first costs pounds 3 per person and is at the Villiers Street Spiritualist Church, in Stoke, on Friday, August 27, from 7.30pm.
While some aspects of design have little or no first costs such as site orientation, others such as rightsizing infrastructure and mechanical systems can add considerably to a green project budget.
CEOs have long parroted the cliche: "Our people are our greatest asset." But when the economy sours, those assets often become the first costs to he cut.
Substantially lower first costs for variable-speed motors could accelerate their introduction to the home market.
The first costs GBP4.99 per month and is aimed at new and light users and offers ten hours of Internet access at any time during the month.

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