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Commerce Glossary
A comprehensive resource to help you master the language of commerce.
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What is Total Cost of Ownership/ TCO?
to - tal cost of own - er - ship
noun
Companies and individuals are using TCO in order to determine and analyze deals when making investments. So, the Total Cost of Ownership is a financial estimate that represents the purchase price of an asset. The analysis shows the asset during its lifetime, present and future of investing in it and its values.
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