Microcosting
Definition & Meaning
Part of speech noun
Quick meaning: Microcosting is a noun meaning (economics) The analysis of every cost involved in a particular instance of a procedure (rather than gross or average costs).
Meaning
(economics) The analysis of every cost involved in a particular instance of a procedure (rather than gross or average costs).
Word Forms
- micro-costing
Related Words
Related dictionary entries include micro, microfoundations, microeconometrics, microeconomics, micropayment, microfoundation.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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