Total Cost Of Ownership

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Definition: Total Cost Of Ownership

Total Cost Of Ownership

Quick Summary of Total Cost Of Ownership

The real, total cost of an asset. For example, an asset may cost £2,000 up-front, but have an annual renewal fee of £200; therefore, assuming it’ll have a lifespan of five years, the TCO would be £3,000.

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Synonyms For Total Cost Of Ownership

overall expenses, your total, operating costs, cost of operations

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https://payrollheaven.com/define/total-cost-of-ownership/
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Total Cost Of Ownership. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/total-cost-of-ownership/.
Chicago Manual of Style (CMS):
Total Cost Of Ownership. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/total-cost-of-ownership/ (accessed: April 19, 2024).
American Psychological Association (APA):
Total Cost Of Ownership. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/total-cost-of-ownership/

Definition Sources

Definitions for Total Cost Of Ownership are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th March, 2020 | 0 Views.