variable cost

noun

variable cost

noun
1

Accounting, Business, Finance A cost that changes with the change in volume of activity of an organization.

  • Variable costs of nuclear-generated electricity seem low.
  • Variable costs may actually vary with the number of shifts, the number of set-ups, or many other specific activities.
Coordinate terms
fixed cost, semi-variable cost

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.