Terms Beginning With 'i'

Implicit Cost

  • January 02, 2020
  • Team Kalkine

Implicit cost is a cost that has happened but is not recorded certainly as a distinct expenditure. An example of implicit cost is the depreciation of machinery for any capital project.

x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK