standard cost

noun

Definition of standard cost

: a predetermined cost based on cost factors assumed to be normal with which a correlated historical cost is compared — compare actual cost

Love words?

You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Start your free trial today and get unlimited access to America's largest dictionary, with:

  • More than 250,000 words that aren't in our free dictionary
  • Expanded definitions, etymologies, and usage notes
  • Advanced search features
  • Ad free!

Learn More About standard cost

Dictionary Entries Near standard cost

standard condition

standard cost

standard deal

See More Nearby Entries 

Statistics for standard cost

Cite this Entry

“Standard cost.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/standard%20cost. Accessed 2 Dec. 2021.

Style: MLA
MLACheck Mark Icon ChicagoCheck Mark Icon APACheck Mark Icon Merriam-WebsterCheck Mark Icon

WORD OF THE DAY

Test Your Vocabulary

Name that Thing: Flower Edition

Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!