prime cost


noun
  1. that part of the cost of a commodity deriving from the labor and materials directly utilized in its manufacture.

Origin of prime cost

1
First recorded in 1710–20

Words Nearby prime cost

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use prime cost in a sentence

  • Often and often have I got things under prime cost myself, only by helping a person on in his trade.

    Camilla | Fanny Burney
  • They have the great elements, fuel, freight capacity, and prime cost in their favor.

  • The prime cost and repairs are by no means so great when engines are duplicated, or two sets built from the same patterns.

  • So they had a sale at prime cost—and we then obtained most wonderful bargains in the confectionary line.

  • A very moderate price was charged for each, only indeed the prime cost of production.

    Enemies of Books | William Blades

British Dictionary definitions for prime cost

prime cost

noun
  1. the portion of the cost of a commodity that varies directly with the amount of it produced, principally comprising materials and labour: Also called: variable cost Compare overheads

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012