Total Cost Of Ownership - TCO
- Total Cost Of Ownership - TCO
The purchase price of an asset plus the costs of operation. When choosing among alternatives in a purchasing decision, buyers should look not just at an item's short-term price, which is its purchase price, but also at its long-term price, which is its total cost of ownership. The item with the lower total cost of ownership will be the better value in the long run.
For example, the total cost of ownership of a car is not just the purchase price, but also the expenses incurred through its use, such as repairs, insurance and fuel. A used car that appears to be a great bargain might actually have a total cost of ownership that is higher than that of a new car, if the used car requires numerous repairs while the new car has a three-year warranty.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
Total cost of ownership — (TCO) is a financial estimate whose purpose is to help consumers and enterprise managers determine direct and indirect costs of a product or system. It is a management accounting concept that can be used in full cost accounting or even ecological … Wikipedia
Total Cost of Ownership — (TCO, Gesamtbetriebskosten) ist ein Abrechnungsverfahren, das Verbrauchern und Unternehmen helfen soll, alle anfallenden Kosten von Investitionsgütern (wie beispielsweise Software und Hardware in der IT) abzuschätzen. Die Idee dabei ist, eine… … Deutsch Wikipedia
Total cost of ownership — Совокупная стоимость владения (англ. Total cost of ownership, TCO) это методика, предназначенная для определения затрат на информационные системы (и не только), рассчитывающихся на всех этапах жизненного цикла системы. Упрощенная методика расчета … Википедия
total cost of ownership — UK US noun [U] (ABBREVIATION tco) ACCOUNTING ► a calculation of all the costs involved in buying and using a product over time: »Outsourcing services can dramatically cut the total cost of ownership … Financial and business terms
Total Cost — of Ownership (TCO) ist ein Abrechnungsverfahren, das 1987 durch Bill Kirwin, Research Director der Unternehmensberatung Gartner Inc., im Auftrag von Microsoft entwickelt wurde. Der Ansatz dient dazu, Verbrauchern und Unternehmen dabei zu helfen,… … Deutsch Wikipedia
Total benefits of ownership — (TBO) is an expression as opposed to total cost of ownership (TCO).The TBO tries to summarize positive effects on acquisition of new computer components. These effects might be increases in high value work, improvements in accuracy and efficiency … Wikipedia
Total Cost of Ownership — TCO, total amount of money required to own and maintain something … English contemporary dictionary
Total Value of Ownership — According to Gartner Group, who created this evaluation method, the abbreviation TVO means Total Value of Opportunity. Differs from Total Cost of Ownership (TCO) in that it considers the benefits of alternative investments. It is a comparative… … Wikipedia
total cost of ownership — Abbreviated TCO. A term first used by the Gardener Group in an attempt to quantify the real cost of a particular computer solution. TCO encompasses the direct costs of the hardware and the software required and then adds in costs for… … Dictionary of networking
Общая стоимость владения/TOTAL COST OF OWNERSHIP — (TCO) полная величина затрат на приобретение, освоение, сопровождение и утилизацию средств и систем информационно коммуникационных технологий (помещение, персонал, программное обеспечение, средства обработки и передачи данных) … Толковый словарь по информационному обществу и новой экономике
