(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.
A list and definition of different types of economic costs. Fixed Costs (FC). The costs which donât vary with changing output. Fixed costs might include the cost of building a factory, insurance and legal bills.Even if your output changes or you donât produce anything, your fixed costs stays the same.conomic cost includes both the actual direct costs (accounting costs) plus the opportunity cost. For example, if you take time off work to a training scheme. You may lose a weeks pay Â£350, plus also have to pay the direct cost of Â£200. Thus the total economic cost = Â£550.