acquisition cost

Definition

The cost of equipment or property after adjustments for incentives, discounts, or closing costs, but before any sales tax.

Use acquisition cost in a sentence

If the acquisition cost was too high, then we would not be able to go through with the whole purchase.

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The acquisition cost of obtaining the machinery was lower than expected because we offered to trade our old machinery in the deal.

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The acquisition cost ended up being 2 million dollars. But they knew they were receiving superior equipment that would help with production.

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