cost approach

cost approach definition - business

cost approach

In real estate, appraising a property as equal to the land value plus the cost to reproduce any improvements net of depreciation.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.