- noun a cost which can be directly related to the making of a product, i.e. its production cost
(written as Direct Cost)The internal cost of an activity or decision in terms of the resources used by the agency making the decision in question. It includes the cost of labour, other goods and services, capital (usually considered as a rental value) and consumables as incurred by the organization in question. It excludes external costs and indirect costs such as unrelated future medical costs.
- noun the production or origination cost of a particular product