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on-cost

 

Definitions from the Web

Term: On-Cost

Description:

On-cost refers to additional expenses, such as overhead or markup, that are added to the original cost of a product or service, resulting in the total cost.

Sample sentences:

  1. The on-costs for this project are estimated to be around 20% of the total budget.
  2. When purchasing a car, don't forget to consider the on-costs, such as insurance and maintenance.
  3. The company has managed to reduce on-costs by implementing efficient cost-control measures.

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