prime cost
noun/ˈpraɪm kɒst/
/ˈpraɪm kɔːst/
(also first cost)
[countable, uncountable] (business)- the cost of something calculated by adding the cost of materials used to make it and the cost of paying somebody to make it, but not including costs that are connected with running a business, such as rent and electricity
Want to learn more?
Find out which words work together and produce more natural sounding English with the Oxford Collocations Dictionary app.
Check pronunciation:
prime cost