avoidable cost

Definition

Popular Terms

Variable cost that may be avoided if a particular course of action is not taken. Fixed costs are usually unavoidable in the short run.

quality

process

production

backorder

procedure

fixed cost

marginal cost

You Also Might Like...

Term Life Insurance vs. Whole Life Insurance

When choosing a life insurance policy two of the main types of plans available are term life insurance and whole life insurance. There are major differences between the two types of policies and this article will assist you with making the choice ... Read more

Coinsurance vs. Copay

ADVERTISEMENT

When purchasing something is not quite possible (or desired) the option for many individuals and companies comes down to leasing or renting. While both have similarities, getting access to an asset for a limited period, there are significant ... Read more

Seven Ways to Finance Your Higher Education

Email Print Embed

Copy & paste this HTML in your website to link to this page

Browse Dictionary by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z