HARD COSTS Definition

Bookmark and Share

HARD COSTS is the purchase price of actual assets. For example, the purchase price of a new printing press would be the hard cost. The soft costs are additional fees for items like factoring-invoiced installation, prepaid and extended warranties, or service contracts for the new equipment.

Learn new Accounting Terms

T as the fifth letter in a Nasdaq stock symbol indicates that the stock has warrants or rights.

NARRATIVE, in accounting, is a written description of an internal control system.

Suggest a Term

Enter Search Term

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