AVERAGE COST Definition

Bookmark and Share

AVERAGE COST is total cost for all units bought (or produced) divided by the number of units.

Learn new Accounting Terms

WHITE PAPER is a. in a technological industry, is an informational brief offering an overview of a technology, product, issue, standard, policy, or solution - its importance, use and implementation, and business benefits. White Papers have emerged as the standard way of communicating more in-depth information to business decision-makers in terms of problems solved and markets addressed; or, b. a White Paper can be an official government report of an investigation into a public event that received a great deal of publicity and notoriety; it indicates the official government position on a particular public issue.

PROPRIETARY is an account, item, or information belonging to a company or individual. See PROPRIETARY ASSET.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.