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An [Acronym] for __T__otal __C__ost of __O__wnership.
A term used to describe the overall
cost of a particular item, including all facets of using it. For example,
administration, maintenance, licensing costs
, updates and end-user training , as well as initial capital outlay
+ cost of a particular item , including administration, maintenance, licensing, updates and end-user training.
used and abused
by marketing departments when giving skewed data/ costs -- eg see
+ used by marketing