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LSDefine

Simple English definitions for legal terms

cost

Read a random definition: Voidable

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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There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
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