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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. Often used and abused by marketing departments when giving skewed data/ costs -- eg see CompetitiveComparisons .
2 pages link to
TCO
:
MeetingTopics.2004-05-24
MeetingTopics.2004-09-23