setup cost

setup cost definition - business

setup cost

The expense of establishing a new procedure. For example, a vehicle manufacturer incurs substantial setup costs when switching a production line to a new model. Establishing a business on the Internet can entail substantial setup costs.

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.

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