The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

FULL COST PRICING Definition & Legal Meaning

Definition & Citations:

Selling price added to the direct cost per unit of a product including all overheads as well as projected profit margin. The profit margin is a fixed portion of the average total cost of the product. Less than full capacity use of a plant is numbered in to allow for ups and downs in the output. Part of a manufacturer’s overheads computation.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.