Costs of ownership definition

Costs of ownership means the actual expenses incurred by an ICF/IID for all of the following:
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Costs of ownership means the actual expense incurred for:
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Examples of Costs of ownership in a sentence

  • Costs of ownership transfer can apply to both produced assets, including fixed assets, and non-produced assets, such as land.

  • Costs of ownership transfer for non-produced assets continue to be shown separately from the asset to which they apply.

  • Costs of ownership transfer on fixed assets are not recorded separately but are added to the price paid by the purchaser and subtracted from the price received by the seller to obtain the acquisition and disposal values, respectively.

  • Benchmark pricing formula Dwelling price (1) =Consumption costs (2)+ Opportunity costs of capital (3)+ Costs of ownership (4)– Land price inflation (5)– Reasonable rent contribution (from all participants in dwelling) (6) Benchmark price (7) = Dwelling price (1) / anticipated number of residents (8) In addition, the benchmark prices also allow for adjustments based on location and other approved allowances.

  • Costs of ownership transfer on financial assets are treated as current expenses, intermediate consumption or final consumption as the case may be but costs of ownership transfer on non-financial assets are treated as capital formation.

  • Costs of ownership transfer incurred on transactions in non-financial assets are recorded as gross fixed capital formation, while costs of ownership transfer incurred on transactions in financial assets are recorded as intermediate consumption.

  • Costs of ownership transfer are to be treated as fixed capital formation.

  • Costs of ownership transfer of non-financial assets should continue to be recorded as fixed capital formation.

  • Costs of ownership transfer incurred on the acquisition of an asset should be written off over the period the owner expects to hold the asset.

  • Costs of ownership This should also factor in the costs of intensive tenancy management.

Related to Costs of ownership

  • Change of Ownership means a change in the individual or legal organization that is responsible for the operation of a nursing facility. Change of ownership does not include changes in personnel, e.g., a change of administrators. Events that change ownership include, but are not limited to, the following:

  • Costs of the Project means Recipient’s actual costs (including any financing costs properly allocable to the Project) that are (a) reasonable, necessary and directly related to the Project, (b) permitted by generally accepted accounting principles to be Costs of the Project, and (c) are eligible or permitted uses of the Financing Proceeds under applicable state or federal statute and rule.

  • Books and Records means all books, records, board minutes, contracts, licenses, insurance policies, environmental audits, business plans, files, computer files, computer discs and other data and software storage and media devices, accounting books and records, financial statements (actual and pro forma), filings with Governmental Authorities and any and all records and instruments relating to the Collateral or otherwise necessary or helpful in the collection thereof or the realization thereupon.

  • Records means any written or recorded information, regardless of physical form or characteristics, which is produced or acquired by the Party in the performance of this agreement. Records produced or acquired in a machine readable electronic format shall be maintained in that format. The records described shall be made available at reasonable times during the period of the Agreement and for three years thereafter or for any period required by law for inspection by any authorized representatives of the State or Federal Government. If any litigation, claim, or audit is started before the expiration of the three-year period, the records shall be retained until all litigation, claims or audit findings involving the records have been resolved.

  • Gross household income means gross income of a household as those terms are defined in rules of the authority.

  • Indirect Costs has the same meaning as in 44 Ill. Admin. Code 7000.30.

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.

  • Environmental Attributes means any emissions and renewable energy credits, energy conservation credits, benefits, offsets and allowances, emission reduction credits or words of similar import or regulatory effect (including emissions reduction credits or allowances under all applicable emission trading, compliance or budget programs, or any other federal, state or regional emission, renewable energy or energy conservation trading or budget program) that have been held, allocated to or acquired for the development, construction, ownership, lease, operation, use or maintenance of the Company as of: (i) the date of this Agreement; and (ii) future years for which allocations have been established and are in effect as of the date of this Agreement.

  • Gross receipts means the total revenue derived from sales, work done, or service rendered.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Covered Expenses means expenses actually incurred by or on behalf of a Covered Person for treatment, services and supplies covered by the Policy. Coverage under the Participating Organization’s Policy must remain continuously in force from the date of the Covered Accident or Sickness until the date treatment, services or supplies are received for them to be a Covered Expense. A Covered Expense is deemed to be incurred on the date such treatment, service or supply, that gave rise to the expense or the charge, was rendered or obtained.