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

REVOLVING COLLATERAL is accounts receivable or inventory which change from day to day.

BSP is Business Service Provider, Billing and Settlement Plan (airlines), Business Systems Planning, or Bank Settlement Plan.

Suggest a Term

Enter Search Term

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