Define: Cost

UK Accounting Glossary

Definition: Cost


Quick Summary of Cost


The cost of a non-current asset is the cost of making it ready for use, cost of finished goods is cost of bringing them to the present condition and location.



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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/cost/
Modern Language Association (MLA):
Cost. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 21, 2019 https://payrollheaven.com/define/cost/.
Chicago Manual of Style (CMS):
Cost. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/cost/ (accessed: July 21, 2019).
American Psychological Association (APA):
Cost. PayrollHeaven.com. Retrieved July 21, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/cost/

Definition Sources


Definitions for Cost are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd December 2018.