Definition, Meaning & Synonyms
additional-cost
noun
/əˈdɪʃənl kɔst/
Definition
The extra amount of money required on top of the initial price for a product or service.
Examples
- The company incurred an additional cost for expedited shipping.
- Home renovations often come with additional costs that weren’t initially budgeted.
- Including maintenance fees is important to understand the total additional cost of owning a car.
Meaning
An additional cost refers to any expense that is incurred beyond the usual or expected expenses related to a purchase or investment.
Synonyms
- extra charge
- supplementary expense
- incremental cost
