Definition of first cost in English:
Another term for prime cost.
- Carriers need to minimize first costs and realize revenue and payback as soon as possible after equipment is purchased.
- Why are few factors beyond first costs considered when selecting flooring?
- In New York City and other areas with high energy costs, the ability to tap natural gas during peak air conditioning periods can help facility executives recoup their first costs in the first year.
Definition of first cost in:
- US English dictionary