real cost

The cost of producing a good or service, including the cost of all resources used and the cost of not employing those resources in alternative uses.

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Examples from the Web for real cost

Historical Examples of real cost

  • Well, first, the real-cost doctrine simply does not square with the facts.

    The Value of Money

    Benjamin M. Anderson, Jr.