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Explicit Cost

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Explicit Cost

A cost that is represented by lost opportunity in actual cash payments.

Notes:

These are tangible costs which can be easily accounted for. For example: wages, rent and materials.

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References in periodicals archive

Absorbed
Friction Cost
Implicit Cost

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Explicit Cost Dynamics: An Alternative to Activity-Based Costing.

Explicit Cost Dynamics: An Alternative to Activity-Based Costing by Marshall, Jeffrey / Financial Executive

``The explicit cost of on-line transactions is very low, but the hidden cost can be kind of high,'' said Michael Murphy, publisher of the California Technology Stock Letter.

SMALL INVESTORS BEATING A PATH TO THE INTERNET by Daily News (Los Angeles, CA)

Recent changes to the federal securities laws mandated by The Sarbanes-Oxley Act have increased the implicit and explicit cost of providing information for reporting companies.

CMKM Diamonds Comments On SEC Administrative Proceeding by Business Wire

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