(up) to the hilt. âº Something that is done (up) to the hilt is done completely and without any limits: The government is already borrowing up to the hilt. (Definition of â(up) to the hiltâ from the Cambridge Advanced Learnerâs Dictionary & Thesaurus Â© Cambridge University Press) Translations of â(up) to the hiltâ.
accounting cost - actual expenses, plus depreciation. 1  more concerned with past performance. 2  depreciation expenses calculated for capital equipment.  more connected to the IRS than economic cost.
Definition of Economic costs. Â· Fixed Costs: These are fixed costs that do not vary with output. E.g. cost of building a factory. Â· Variable Costs: These are costs that do vary with output. E.g. electricity, raw materials. Â· Total Costs: Fixed + variable costs.