variable cost

noun

a cost that varies with a change in the volume of output while remaining uniform on a per-unit basis, as cost of labor (distinguished from fixed cost).

Nearby words

varia, varia lectio, variable, variable annuity, variable contrast paper, variable cost, variable life insurance, variable region, variable resistor, variable star, variable-density wind tunnel

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British Dictionary definitions for variable cost

variable cost

noun

a cost that varies directly with output

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