cost factor

noun

: an element or condition related to a unit of product or to an activity or to a service for which money must be spent (as raw material, direct labor, and burden)

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Cite this Entry

“Cost factor.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cost%20factor. Accessed 16 Dec. 2024.

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