total cost


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Total cost

The price paid for a security plus the broker's commission and any accrued interest that is owed to the seller (in the case of a bond).

All In Cost

The total cost of a transaction after commissions, interest rates, and other expenses. For example, a student loan has a principal and interest rate, but the all in cost may include an origination fee, a federal default fee, and other expenses.

total cost

The total amount of money expended to establish an investment position. Total cost includes commissions, accrued interest, and taxes, in addition to the principal amount of securities traded.
Total costclick for a larger image
Fig. 185 Total cost

total cost

the COST of all the FACTORS OF PRODUCTION used by a firm in producing a particular level of output. In the SHORT RUN, a firm's total cost consists of total FIXED COST and total VARIABLE COST.

The short-run total cost curve in Fig. 185 is the sum of the (constant) total fixed costs and the total variable cost. It has an S shape because at low levels of output total variable costs rise slowly (because of the influence of increasing RETURNS TO THE VARIABLE-FACTOR INPUT) while at high levels of output total variable costs rise more rapidly (because of the influence of diminishing returns to the variable-factor input).

Total cost interacts with TOTAL REVENUE in determining the level of output at which the firm achieves its objective of PROFIT MAXIMIZATION and LOSS MINIMIZATION.

In the THEORY OF MARKETS, a firm will leave a market if in the short run it cannot earn sufficient total revenue to cover its total variable costs. If it can generate enough total revenue to cover total variable costs and make some contribution towards total fixed costs, then it will continue to produce in the short run even though it is still making a LOSS. In the LONG RUN, the firm must earn enough total revenue to cover total variable and total fixed costs (including NORMAL PROFIT) or it will leave the market. See

MARGINAL COST. total domestic expenditure the total expenditure by residents of a country on FINAL PRODUCTS (excluding expenditure on INTERMEDIATE PRODUCTS). When expenditure on IMPORTS is deducted from this figure and expenditure by nonresidents on domestically produced goods and services is added (EXPORTS), the adjusted expenditure provides an estimate of GROSS NATIONAL PRODUCTS. See also NATIONAL INCOME ACCOUNTS.

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How do different alternative fuel and propulsion options compare in total cost of ownership?
The Audi brand won the overall Total Cost of Ownership: Luxury Brand, while individual awards went to the 2012 Audi A5 for Total Cost of Ownership: Luxury Car, and 2012 Audi Q7 for Total Cost of Ownership: Luxury Sport Utility.
THOMAS COOK 10p for 5 mins 30 secs, total cost 60p.
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Substantiation of the cost basis of each asset and a reconciliation of the total costs.
The logic of marginal reasoning is quite similar for either decision; with respect to choosing the profit-maximizing quantity of output, over the range of output for which marginal revenue exceeds marginal cost for a ppm, increased production will increase total profit because total revenue will increase more than total cost; over the range of output for which marginal revenue is less than marginal cost, decreased production will increase total profit because total revenue will decrease less than total cost.
Sustaining these cost savings throughout the seven-year expected lifetime of the system, and comparing them with the total cost of ownership of the system (hardware, software, implementation/transformation, and support) over the same length of time could result in an ROI of about 2-3 to 1.
In long-term data retention, raw access time becomes less important and data authenticity and trust-worthiness, timely access to data and low Total Cost of Ownership come to the forefront.
First, you've got to choose your audience, as it's simply not possible to sell the concept of total cost to a buyer.
Presently, for a particular program it is sufficient to recognize that larger projects are more costly in terms of total costs incurred than smaller projects simply because they require more of society's resources.
The sum of TCO, the lost revenue due to downtime, plus the total cost of business resumption is the new metric called The Total Cost of Survival (TCS).