economic cost - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “economic cost”

economic cost

noun [C or U]
 
 
ECONOMICS
the cost in money, time, and other resources needed in order to do something or make something: There is always an economic cost to preserving open land. A dangerous asset-price bubble developed and eventually burst at huge economic cost.
(Definition of economic cost from the Cambridge Business English Dictionary © Cambridge University Press)
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