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step cost

Definitions (2)
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Popular Terms
1. Fixed cost that increases to a new level in step with the significant changes in activity or usage.
2. Cost that is relatively fixed over a small volume or range of activities but is variable over a large range or volume.
  • accounting

  • payment terms

  • accounting conc...

  • financial manag...

  • marginal benefi...

  • letter of credi...

  • asset

  • revenue

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