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Cost

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Economics Edit

Cost is

a measure of what must be given up in order to obtain something, whether by purchase, exchange, or production.[1]
(1) Cash value of project activity; value associated with materials and resources expended to accomplish project objectives. (2) Sum or equivalent that is expended, paid, or charged for something.[2]

Security Edit

The cost of an attack includes tangible items such as money and equipment, as well as the operational costs associated with the implementation of countermeasures. There are also intangible costs such as lost productivity, reduced morale and political embarrassment.

References Edit

  1. A Glossary of Terms Used in the Federal Budget Process, at 36.
  2. California Office of Systems Integration, Definitions (full-text).

See also Edit

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