Meaning of “marginal cost” in the English Dictionary

business-english dictionary

"marginal cost" in Business English

See all translations

marginal costnoun [ C ]

uk us ACCOUNTING, ECONOMICS, PRODUCTION

the cost of producing one more item, etc. compared to the cost of producing all items so far:

The marginal cost to a bank of a transaction over the internet is a mere cent.

(Definition of “marginal cost” from the Cambridge Business English Dictionary © Cambridge University Press)