REMAINING COST Meaning and
Definition
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The term "remaining cost" refers to the amount of money or financial commitment that is still outstanding or pending, after accounting for initial expenses or payments. It represents the remaining or residual amount that needs to be covered or accounted for in order to fully meet the financial obligations associated with a particular project, purchase, or undertaking.
In various contexts, "remaining cost" can refer to different aspects. In the context of construction or infrastructure projects, it often denotes the expenses that have yet to be incurred or the amount required to complete the project. It takes into consideration the costs of labor, materials, equipment, and other resources that are yet to be utilized or acquired.
Similarly, in budgeting or financial planning, "remaining cost" refers to the funds that are still available or needed to meet future expenses within a specified period. This can be seen in personal finance, where individuals or households estimate their monthly income and allocate it towards various expenses. The remaining cost is thus the balance or surplus of funds after deducting the allocated amounts.
In summary, "remaining cost" refers to the outstanding amount of money that is yet to be spent or allocated for a particular purpose. It represents the financial commitment that needs to be fulfilled in order to accomplish a given project or meet future expenses.
Common Misspellings for REMAINING COST
- eemaining cost
- demaining cost
- femaining cost
- temaining cost
- 5emaining cost
- 4emaining cost
- rwmaining cost
- rsmaining cost
- rdmaining cost
- rrmaining cost
- r4maining cost
- r3maining cost
- renaining cost
- rekaining cost
- rejaining cost
- remzining cost
- remsining cost
- remwining cost
- remqining cost
- remauning cost
Etymology of REMAINING COST
The etymology of the word "remaining cost" can be determined by looking at the origin and meaning of its individual components.
1. "Remaining" has its roots in the Old French word "remaner" which means "to stay behind, to remain". It can be traced back further to Latin "remans", which combines "re-" (meaning "again") and "manere" (meaning "to stay").
2. "Cost" comes from the Old French word "coster" meaning "to cost" or "to be worth". It is derived from the Latin word "constare" which means "to stand together, to be settled, or agreed upon".
When these two words are combined to form "remaining cost", it refers to the amount of money that is left or stays behind after deducting other expenses or costs.
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