Annual cost definition

Annual cost means, in relation to the ownership and operation of an aircraft, the cost of keeping, maintaining and operating the aircraft over the period of one year, including corporate administration and standard calculations of depreciation;
Annual cost means the sum of running costs and periodic costs or replacement costs paid in a certain year;
Annual cost means the cost of the balloon over a period of one calendar year. There is no element of profit or salary for the pilot.

Examples of Annual cost in a sentence

  • Annual cost is determined using the projected unit credit method.

  • Annual cost of living increases may be provided to employees as determined by the Board of County Commissioners or by duly ratified collective bargaining agreements.

  • Annual cost of illness and quality-adjusted life year losses in the United States due to 14 foodborne pathogens.

  • Annual cost sub-totals are calculated, in order to determine the FCI per year.

  • Annual cost to the respondents is based on the number of hours involved in preparing and submitting a complete application package.


More Definitions of Annual cost

Annual cost means the cost to the Lead Authority of discharging its obligations on behalf of the Authorities under this Agreement repayable by way of each Authority’s Contribution “Authorities’’ is defined above “Budget’’ means an itemised summary of intended income, revenue and capital expenditure for the Financial Year as described in Schedule 5, Part 1Business Plan’’ means the annual plan prepared by the Executive Board on behalf of the Consortium and the Authorities for the Joint Committee as more particularly described in Schedule 5, Part 2 “The Central Team’’ means the unit set up to support the Executive Board and to perform the roles described in Schedule 6 “Chair’’ means the presiding chairman of meetings of a committee or board under this Agreement
Annual cost means the cost of keeping, maintaining and operating the aircraft over a period of one calendar year. There is no element of profit.
Annual cost means a maximum dollar expenditure for a 12-month period including the costs of amendments, change orders, and renewals.
Annual cost means as defined in the Agreement.
Annual cost means, in the case of an Employee, all payments associated with the employment of drivers (such as salary, bonus, overtime, pension contributions, employer’s PRSI) and includes all amount which may be payable in connection with unsocial hours or other enhancements; and
Annual cost. Level 2B (Non-Clinical Vendor) - $275.00 • Level 3 (Clinical Vendor) - $275.00
Annual cost means the amount necessary in any Fiscal Year (1) to pay debt service on Bonds in a timely manner, (2) to create or replenish debt service reserve funds, (3) to cure any delinquencies in the payment of debt service on Bonds that occurred in any prior Fiscal Year or are expected to occur in the Fiscal Year in which the Special Tax will be collected, (4) to pay for Facilities and Services, and (5) to pay Administrative Expenses.