hard cost Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “hard cost” in the English Dictionary

"hard cost" in Business English

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hard costnoun [C, usually plural]

uk   us  
FINANCE moneypaid for ​buildingsupplies and the ​work involved in ​building: By far the largest ​portion of the ​expenses in a ​constructionproject are the hard ​costs of the ​actualconstruction.
ACCOUNTING the ​money that a ​companypays for a hard ​asset such as a ​building, ​equipment, or the ​products it ​sells
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(Definition of hard cost from the Cambridge Business English Dictionary © Cambridge University Press)
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“hard cost” in Business English

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