incremental cost

Definitions

Accounting

  • noun the cost of making extra units above the number already planned. This may then include further fixed costs.

Construction

  • The additional cost (benefit) resulting from an increase in the investment in a project. See also benefit.

Health Economics

  • (written as Incremental Cost)
    cost of one option less that of another having a lower cost
  • synonymcost-effectiveness analysis
    (written as Incremental Cost)
  • synonymmarginal cost
    (written as Incremental Cost)
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