oncost in a sentence
n.
📚 Grade Level: Grade 11, Grade 12
Definition
Oncost refers to the additional costs incurred beyond the direct expenses of a product or service, often associated with overhead and operational expenses.
Sample Sentences
- The company decided to increase the oncost for their services to cover rising operational expenses.
- In accounting, understanding oncost is crucial for accurately pricing products and services.
- The project manager presented a detailed breakdown of the oncost to ensure transparency with stakeholders.
- Employees were concerned about how the new oncost would affect their bonuses and incentives.
- After reviewing the budget, they realized that the oncost had been underestimated in the initial proposal.