conversion cost Meaning in the Cambridge English Dictionary

Meaning of “conversion cost” in the English Dictionary

"conversion cost" in Business English

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conversion costnoun [C]

uk   us  
ACCOUNTING, PRODUCTION the ​cost of making ​products from rawmaterials during a ​productionprocess: Direct ​labor is counted as both a ​primecost and a ​conversioncost.
FINANCE the ​cost of ​changing from one ​type of ​currency, ​share, etc. to another: You will have to ​pay a ​currencyconversioncost to ​convert back to ​sterling.
(Definition of conversion cost from the Cambridge Business English Dictionary © Cambridge University Press)
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“conversion cost” in Business English

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