Definition of Total cost:
(1) The addition of all costs-direct and indirect, or (2) how much an investor paid to acquire an investment. The cost includes commissions and trading fees.
How to use Total cost in a sentence?
- The total cost would be much higher than I wanted to spend, so I decided not to buy anything and just go home.
- You need to factor in what the total cost of a project will be before you get started working on it.
- When you approach any financial situation, you should add up all of the values included and determine your total cost . This number is essential when it comes to budgeting and allocating funds.
Meaning of Total cost & Total cost Definition