Avoidable Cost

Avoidable Cost

A cost that a company does not have to pay if it does not take an intended action or cancels an ongoing action or activity. Avoidable costs are not necessary and generally are variable.
References in periodicals archive ?
He said that illiteracy costs the world more than $1 trillion a year in lost earnings, which is an avoidable cost if governments, companies and communities make an effort to find new ways to combat this scourge.
At a time when our NHS is dealing with a unprecedented demand while managing increasingly diffi-cult financial pressures, this is a significant yet avoidable cost.
This is not an unnecessary or avoidable cost regardless of whether the patient receives an expensive medicine or paracetamol.
Asking web designers to make a website fully compliant could add thousands of pounds to the bill and, without legislation, clients see this as an avoidable cost.
With new construction projects finally underway--and the industry without a single extra dollar to spend on avoidable cost overruns--New York-based construction attorney Barry B.
In our conclusion, we discuss other institutional approaches to achieving efficient and stable allocations in these avoidable cost markets.
The review added that the decision to buy an extra 400 machines for the Nice Referendum before they had been modified to meet new requirements led to an avoidable cost of EUR680,000.
The Regulations define a series of anti-competitive acts specific to the airline industry, including operating or increasing capacity on a domestic route at fares that don't cover the avoidable cost of providing the service.
Air Canada has also agreed to an expedited hearing before the Competition Tribunal regarding the clarification of certain rules relating to pricing behaviour, and in particular the application of the avoidable cost test.
This potential might not be achieved, because successfully implementing the non-scheduled and avoidable cost elements will be operationally and politically difficult.
Lambs are continuing to be marketed with excess finish, adding an avoidable cost burden to both the producer and processor.