real cost Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “real cost” in the English Dictionary

"real cost" in Business English

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real costnoun [C]

uk   us  
FINANCE the ​cost of ​producinggoods or ​services, ​including the ​cost of all necessary ​materials and ​equipment and the ​cost of not using these ​materials and ​equipment for other ​activities: Critics of the ​reportissued by the Department of Trade and Industry said that the ​figuresunderestimated the ​realcost of the ​carbonemissionstradingscheme.
(Definition of real cost from the Cambridge Business English Dictionary © Cambridge University Press)
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