ONCOST

Etymology

Noun

oncost (plural oncosts)

Additional costs; extra expenses.

(finance) Overhead (expense)

(coal-mining) The cost of upkeep, making and maintaining shafts, roads, pumping, etc.

(UK dialectal, Scotland) The indirect expenditure incurred for the purpose of increasing the productive power of organised labour.

Anagrams

• Coston, contos, nostoc

Source: Wiktionary


On"cost`, n. (Accounting)

Definition: In cost accounting, expenditure which is involved in the process of manufacture or the performance of work and which cannot be charged directly to any particular article manufactured or work done (as where different kinds of goods are produced), but must be allocated so that each kind of goods or work shall bear its proper share. [Brit.]

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

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Coffee Trivia

In 1884, Angelo Moriondo of Turin, Italy, demonstrated the first working example of an espresso machine.

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