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A cost that changes with the change in volume of activity of an organization.
Definition source: English Wiktionary via Wiktextract
Topics: accounting, business, finance
Examples
- Variable costs of nuclear-generated electricity seem low.
- Variable costs may actually vary with the number of shifts, the number of set-ups, or many other specific activities.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
No etymology was provided for this word.
Across languages
Translations
6 source translations are retained for this English entry.
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Finnish:
muuttuva kustannus
— cost that changes with volume of production
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French:
coût variable
— cost that changes with volume of production
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Indonesian:
biaya variabel
— cost that changes with volume of production
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Malay:
kos berubah
— cost that changes with volume of production
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Polish:
koszt zmienny
— cost that changes with volume of production
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Tagalog:
aliging halaga
— cost that changes with volume of production