expected costs
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Costs (English law) — Costs is a term of art in civil litigation in English law (the law of England and Wales), and in other Commonwealth jurisdictions. After judgment has been given, the judge has the power to order who will pay the lawyers fees and other… … Wikipedia
Expected utility hypothesis — In economics, game theory, and decision theory the expected utility hypothesis is a theory of utility in which betting preferences of people with regard to uncertain outcomes (gambles) are represented by a function of the payouts (whether in… … Wikipedia
Expected commercial value — articleissues intromissing=June 2008 wikify=June 2008 confusing=June 2008 orphan=June 2008 do attempt=June 2008 unreferenced=June 2008 expert=EconomicsIt seeks to maximize the value of commercial worth of the portfolio, subject to certain budget… … Wikipedia
Expected Family Contribution - EFC — The amount of money that a student s family is expected to contribute to college costs for one year. Financial need is calculated as the difference between the cost of attending school and the expected family contribution. The EFC considers… … Investment dictionary
prior service costs — Costs that arise from amendments to defined benefit pension plans that retroactively increase benefits. In rare cases, retroactive amendments that decrease benefits can create negative prior service costs. Under FAS 87 rules, these costs are not… … Financial and business terms
Sunk costs — In economics and business decision making, sunk costs are retrospective (past) costs that have already been incurred and cannot be recovered. Sunk costs are sometimes contrasted with prospective costs, which are future costs that may be incurred… … Wikipedia
The Costs of Accidents — The Costs of Accidents: A Legal and Economic Analysis Author(s) Guido Calabresi … Wikipedia
Deferred Acquisition Costs — (DAC) is a term commonly used in the insurance business. It describes the practice of deferring the cost of acquiring a new customer over the duration of the insurance contract. Insurance companies face large upfront costs incurred in issuing new … Wikipedia
engineered costs — The building up of the levels of costs likely to be incurred by a production process by means of constructing synthetic costs, based on a logical consideration of the make up of each cost item. For example, the expected labour cost for a… … Accounting dictionary
bid costs — ➔ cost1 * * * bid costs UK US noun [plural] ACCOUNTING, MONEY ► the money paid to all the people involved when one company tries to buy another, for example, lawyers, accountants, and bankers: »The company announced losses of £18m rather than the … Financial and business terms
operations research — the analysis, usually involving mathematical treatment, of a process, problem, or operation to determine its purpose and effectiveness and to gain maximum efficiency. [1940 45, Amer.] * * * Application of scientific methods to management and… … Universalium
