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explicit costs

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  • Explicit cost — An Explicit cost is an easy accounted cost, such as wage, rent and materials. It can be transacted in the form of money payment and is lost directly, as opposed to monetary implicit costs.ee also*Implicit cost *Economic profit *Cost… …   Wikipedia

  • Explicit Cost — A business expense that is easily identified and accounted for. Explicit costs represent clear, obvious cash outflows from a business that reduce its bottom line profitability. This contrasts with less tangible expenses such as goodwill… …   Investment dictionary

  • Search costs — Costs associated with locating a counterparty to a trade, including explicit costs (such as advertising) and implicit costs (such as the value of time). Related:information costs. The New York Times Financial Glossary …   Financial and business terms

  • search costs — costs associated with locating a counterparty to a trade, including explicit costs (such as advertising) and implicit costs (such as the value of time). Related: information costs. Bloomberg Financial Dictionary …   Financial and business terms

  • explicit bankruptcy costs — Specific costs incurred during the bankruptcy process such as legal fees, court costs, consultants fees, and document preparation expenses. Bloomberg Financial Dictionary …   Financial and business terms

  • Profit (economics) — In economics, the term profit has two related but distinct meanings. Normal profit represents the total opportunity costs (both explicit and implicit) of a venture to an entrepreneur or investor, whilst economic profit (also abnormal, pure,… …   Wikipedia

  • Opportunity cost — Economics …   Wikipedia

  • Implicit cost — In economics, an implicit cost occurs when one foregoes an alternative action but does not make an actual payment. (For instance, the explicit cost of a night at the movies includes the moviegoer s ticket and soda, but the implicit cost includes… …   Wikipedia

  • Externality — External redirects here. For other uses, see External (disambiguation). In economics, an externality (or transaction spillover) is a cost or benefit, not transmitted through prices,[1] incurred by a party who did not agree to the action causing… …   Wikipedia

  • Outlay Cost — Any concrete costs that can be identified in the past, present or future. Also referred to as explicit costs . These costs do not include forgone profits or benefits. For corporations, outlay costs for new projects will include start up,… …   Investment dictionary

  • Immigration — Immigrant redirects here. For other uses, see Immigrant (disambiguation). For the cellular automaton, see Immigration (CA). For the album by Show Ya, see Immigration (album). Net migration rates for 2011: positive (blue), negative (orange),… …   Wikipedia

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