Below Cost

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Definition: Below Cost

Below Cost
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Full Definition of Below Cost

A price placed on a product or service that is less than the seller paid to create it. A company might engage in this sort of pricing in order to increase market share at the expense of profitability.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/below-cost/
Modern Language Association (MLA):
Below Cost. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/below-cost/.
Chicago Manual of Style (CMS):
Below Cost. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/below-cost/ (accessed: April 20, 2024).
American Psychological Association (APA):
Below Cost. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/below-cost/

Definition Sources

Definitions for Below Cost 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: 20th November, 2021 | 0 Views.