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nounpecuniary reimbursement to the winning party for the expenses of litigationtype of:
Definition that contains costs
- squeeze a situation in which increased costs cannot be passed on to the customer
- marginal producing at a rate that barely covers production costs
- redraft a draft for the amount of a dishonored draft plus the costs and charges of drafting again
- supply-side economics the school of economic theory that stresses the costs of production as a means of stimulating the economy; advocates policies that raise capital and labor output by increasing the incentive to produce
- cost analysis breaking down the costs of some operation and reporting on each factor separately
- champerty an unethical agreement between an attorney and client that the attorney would sue and pay the costs of the client's suit in return for a portion of the damages awarded
- marginal cost the increase or decrease in costs as a result of one more or one less unit of output
- cost-pull inflation inflation caused by an increase in the costs of production
- catastrophic illness severe illness requiring prolonged hospitalization or recovery; usually involves high costs for hospitals and doctors and medicines
- cost cutting the act of cutting costs