Definition of first cost in English:

first cost

Line breaks: first cost

noun

  • another term for prime cost.
    More example sentences
    • 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.

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Word of the day milord
Pronunciation: məˈlôrd
noun
used to address an English nobleman