total cost of ownership (TCO)
Definition 1
General: Estimate of all direct and indirect costs associated with an asset or acquisition over its entire life cycle.
Definition 2
Computer systems: Total of direct capital investment in hardware and software plus indirect costs of installation, training, repairs, downtime, technical support, and upgrading. Also called cost of ownership or ownership cost.
Mentioned in these definitions
Popular 'Accounting & Auditing' Terms
total cost of ownership (TCO) in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/total-cost-of-ownership-TCO.html
