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Hard cost

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HARD COST - The cost of actually constructing property improvements
HARD COSTS - the purchase price of actual assets. For example, the purchase price of a new printing pre...

 


Hard Costs. The direct costs of acquiring a business (such as the purchase price), constructing a building (brick and mortar), etc., as opposed to legal, accounting, consulting, financing, costs, which are called soft costs.

Hard costs - Refers to the price paid to purchase the actual assets. For example, the price paid for a new computer would be considered the hard cost.

The hard costs
When buying a home there is more to consider than simply the property price. This makes your budget very important because it will tell you exactly what you can afford when it comes to purchasing a new home.

See also: Expense, Deficiency, Variable cost, Fixed cost, Capital budgeting

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