Below please find a definition of “Incremental Cost”
Incremental Cost: The additional expenditures that are incurred by a company due to any specific action are termed as incremental costs. For example it was necessary for a company to buy new equipment or hire more people and the expenses towards these actions lead to incremental costs.
Free MP3 Download: To download our free 35 minute audio interview with expert Richard C. Wilson on how to succeed in the field of finance please click here.
Fast Financial Training: If you want to take your finance or business career to the next level you should explore our financial analysis certification program, or our training programs on financial modeling, investment banking, hedge funds, or private equity. All of these programs are offered on https://BusinessTraining.com
Expand Your Financial Vocabulary: Read more finance terms and definitions
Tags: Incremental cost definition, Incremental cost example, What is incremental cost?, Incremental cost analysis, Incremental cost of capital, Cost