cost of materials
1cost — n 1: the amount or equivalent paid or charged for something 2 pl: expenses incurred in litigation; esp: those given by the law or the court to the prevailing party against the losing party Merriam Webster’s Dictionary of Law. Merriam Webster.… …
2cost-plus — ☆ cost plus [kôst′plus′ ] adj. with the price for goods or services set at the cost of materials, labor, etc. plus a specified percentage or amount of profit, as in some government contracts with industry …
3Cost-Plus Contract — An agreement to pay a company for a job based on the amount of money used to buy the materials required to complete that job plus an added payment. A cost plus contract fully reimburses a contractor for the cost of materials and then adds… …
4Cost push inflation — is a type of inflation caused by substantial increases in the cost of important goods or services where no suitable alternative is available. A situation that has been often cited of this was the oil crisis of the 1970s, which some economists see …
5Materials for use in vacuum — are materials showing very low rate of outgassing in vacuum, and, where applicable, tolerant to the bake out temperatures. The requirements grow increasingly stringent with the desired degree of vacuum achievable in the vacuum chamber. The… …
6Materials management — can deal with campus planning and building design for the movement of materials, or with logistics that deal with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality… …
7COST – European Cooperation in the Field of Scientific and Technical Research — COST is an intergovernmental framework for European Cooperation in the field of Scientific and Technical Research. It was founded in 1971.ObjectivesCOST contributes towards the realisation of the European Research Area (ERA) and is presently used …
8Cost-Volume-Profit Analysis — Cost Volume profit (CVP), in managerial economics is a form of cost accounting. It is a simplified model, useful for elementary instruction and for short run decisions. Cost volume profit (CVP) analysis expands the use of information provided by… …
9Cost Equalisation — is the idea that the cost of goods and services will over time equal out and cost equalisation will be achieved.It is typical that when a product is introduced into the market place that the price will be effected by both the quantity produced… …
10cost inflation — ➔ inflation * * * cost inflation UK US noun [U] (also cost push inflation) ► ECONOMICS the increase in the price of products or services as a result of raw materials and wages costing more: »Competition for resources has led to massive cost… …
