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LSDefine

Simple English definitions for legal terms

cost

Read a random definition: inference-stacking

A quick definition of cost:

Cost: The amount of money you have to pay for something. It can include the price of the item and any other expenses related to it, like shipping or advertising. Some costs are fixed, meaning they stay the same no matter how much you buy, while others are variable and change depending on how much you buy. Once you pay a cost, you can't get that money back, even if you don't end up using the item or service you paid for.

A more thorough explanation:

Cost refers to the amount of money paid or charged for something, including expenses and prices. It can also refer to the expenditure of resources, such as time and effort, to produce or acquire something.

  • Aboriginal cost: The cost of an asset incurred by the first company to use it for public utilities.
  • Fixed cost: A cost that remains the same regardless of changes in output or business activity, such as rent, salaries, and depreciation.
  • Variable cost: A cost that changes in the short run in close relationship with changes in output, such as the cost of materials and labor to produce a product.
  • Opportunity cost: The cost of acquiring an asset measured by the value of an alternative investment that is forgone, such as the cost of investing in equipment instead of bonds.
  • Transaction cost: A cost connected with a process transaction, such as a broker's commission or the cost involved in litigating a dispute.

These examples illustrate how cost can refer to different types of expenses and expenditures, including those related to production, acquisition, and litigation. They also show how cost can be influenced by various factors, such as output, business activity, and alternative investments.

cosinage | cost accounting

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just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
Dkk
9:07
@renard99: man, hard to find.
Dkk
9:07
@glovediedthisishismom: Congrats on the snow.
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