a.k.a. Total Cost of Ownership

A financial estimate that is designed to help consumers and business managers determine direct and indirect costs related to the purchase of any capital investment. For example, this term can represent how much it will actually cost to own a PC. The estimate will include factors such as the original cost of the computer and software, any upgrades that are made, maintenance, technical support, and training.

See also : KPI  
NetLingo Classification: Online Business