INCREMENTAL COST
Dictionary entry overview: What does incremental cost mean? • INCREMENTAL COST (noun)
The noun INCREMENTAL COST has 1 sense:
1. the increase or decrease in costs as a result of one more or one less unit of output
Familiarity information: INCREMENTAL COST used as a noun is very rare.
Dictionary entry details
• INCREMENTAL COST (noun)
Meaning:
The increase or decrease in costs as a result of one more or one less unit of output
Classified under:
Nouns denoting attributes of people and objects
Synonyms:
differential cost; incremental cost; marginal cost
Hypernyms ("incremental cost" is a kind of...):
cost; monetary value; price (the property of having material worth (often indicated by the amount of money something would bring if sold))
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