Financial cost

Definition: 

The (monetary) value of resources deployed for the implementation of any NWRM, which includes upfront capital expenditures, either from new investments or the replacement of assets in past investments; depreciation allowances (annualised cost or replacing the accounting value of existing assets in the future); operating expenditures (those incurred to keep the NWRM running in an efficient manner); maintenance expenditures (for preserving existing or new assets in good functioning order throughout their useful life); and decommissioning costs (those incurred at the end of the lifecycle of the NWRM).

Links: 
Relation type: 
Broader
Last updated: 04 Mar 2015 | Top