Definition of Total cost:
(1) the sum of all direct and indirect expenses, or (2) how much the investor pays to buy the investment. These fees include commission and negotiation fees.
How to use Total cost in a sentence?
- The total cost will be much higher than what I wanted to spend, so I decided not to buy anything and went home.
- You need to consider the total cost of the project before starting work.
- As you approach the financial situation, you need to increase the amount involved and find your total cost. This cost is important for budget and resource allocation.
Meaning of Total cost & Total cost Definition