TOTAL COST OF OWNERSHIP (TCO)

1. General. Estimate of indirect and direct costs go an asset for its life cycle. 2. Computer systems. Total of investment in software, hardware, installation, repairs, training, support and upgrading. Also known as cost of ownership or ownership cost.

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Related Legal Terms
TOTAL COST, TOTAL COST OF A CONTRACT, PROJECTED TOTAL LIFE COST, TOTAL ACQUISITION COST (TAC), TOTAL COST OF QUALITY, TOTAL POTENTIAL COST OF A CONTRACT, FRACTIONAL OWNERSHIP, OBJECT COST, PROCESS COST SYSTEM, MARGINAL COST


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