relevant cost

Definitions (2)
Popular Terms
1. Cost or expense attributable or chargeable to one or more activities on the basis of benefits received or some other logical relationship.
2. Differential or quantifiable future cost that must be considered in making a particular decision.

Use 'relevant cost' in a Sentence

You need to factor in all of the relevant cost when you are trying to figure out if something is worth purchasing.
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I can certainly cover the cost of my daughter's soccer camp; but when considering the relevant costs such as fuel, food, and equipment, the camp does not seem as affordable.
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I asked him what the relevant cost was and he looked at me utterly confused because he did not know.
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