Economical in terms of the goods or services received for the money spent. It’s always better to learn about them before a deal is final. What does cost-effective mean? Find more ways to say expensive, along with related words, antonyms and example phrases at Thesaurus.com, the world's most trusted free thesaurus. The term “replacement cost” is defined or explained in the policy. AccountingTools. The :-) notation is known as a smiley, and means that the statement it follows was intended as humor. In other words, what the most cost-effective method of delivering goods and services would be while maintaining a desired level of quality. What Does “Replacement Cost” Mean? Basis (or cost basis), as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation.When property is sold, the taxpayer pays/(saves) taxes on a capital gain/(loss) that equals the amount realized on the sale minus the sold property's basis.. When you tilt your head to the side, you see that : is the eyes, - the optional nose, and ) is the mouth. That figure is adjusted upward for reinvested dividends and capital gains and any commissions or transaction fees you paid.. What cost basis won't necessarily tell you is how much money you made on an investment. The . Meaning "costly, requiring profuse… See definitions of expensive. This notation is often used in email, text messages, and other postings to communicate emotional context that would otherwise be lost or unclear. An out-the-door price quote will reveal any hidden fees or extras in the contract, including taxes, title, and registration. It is considered one of the more challenging tasks in business management. The concept is used when there are multiple possible options to pursue, and a choice must be made to select one option and drop the others. Differential cost is the difference between the cost of two alternative decisions, or of a change in output levels. Generally, the costs or the expenses in a business are recorded by a team of experts using expense forms. When you think about adding a new employee to your payroll, determine what the actual financial cost of doing so means to your business. The current cost of Amazon Prime is $119 a year or $12.99 if you'd prefer to pay month by month. Cost minimization is a basic rule used by producers to determine what mix of labor and capital produces output at the lowest cost. Cost basis is needed because tax is due based on the gain in value of an asset. (adjective) Another word for expensive. In its broadest sense, cost basis refers to the price you paid for your shares. Cost management is the process of effectively planning and controlling the costs involved in a business. Simply stated, it means the cost to replace the property on the same premises with other property of comparable material and quality used for the same purpose. 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