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Explicit Cost
(redirected from Outlay Cost)

   Also found in: Wikipedia 0.03 sec.
Explicit Cost
A direct expense that a business incurs in conducting an activity. Examples of explicit costs include salaries, wages, materials, etc. An explicit cost can be recurring, or it can be a one-off expense. Likewise, it can be predictable, like the rent, or it can vary from time to time, like the electric bill. Less commonly, an explicit cost is called an outlay cost. See also: Implicit cost.


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The fuel economy is excellent as is the initial outlay cost and for a family that cherishes the thrills of an outdoor lifestyle, it could be the perfect vehicle.
The fuel economy is excellent as is the initial outlay cost and for a family that cherishes the thrills of an outdoor lifestyle, it could be the perfect vehicle.
The initial outlay costs, which are still high, and the consequently long amortization periods represent challenges for solar air conditioning; but they are challenges which can be met.
 
 
 
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