LIFETIME COST
\lˈa͡ɪfta͡ɪm kˈɒst], \lˈaɪftaɪm kˈɒst], \l_ˈaɪ_f_t_aɪ_m k_ˈɒ_s_t]\
Sort: Oldest first
-
The total cost incurred by possessing certain goods over their lifetime. This is added on to purchase cost. Maintenance, insurance, renovation, and the like are typical add-on costs. These extra costs may tally higher than the original cost of the goods itself when tallied together over the lifetime of the goods.
By Henry Campbell Black
Word of the day
beta Lactams
- Cyclic amides formed aminocarboxy acids by the elimination water. They isomeric with lactims, which are enol forms of lactams. (From Dorland, 27th ed)