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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
- 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
- differential cost the increase or decrease in costs as a result of one more or one less unit of output
- origination fee a fee charged to a borrower (especially for a mortgage loan) to cover the costs of initiating the loan
- cost accountant a specialist in the systematic recording and analysis of the costs incident to production