Operational Cost

{
  "id": "MLC-T-ENV-019691",
  "term": "Operational Cost",
  "field": "Environment",
  "definition": "1. Refer to costs incurred during the operating lives of processes, products, systems, and facilities, as opposed to upfront costs and back-end costs.\n\n2. Recurring expenditures associated with the operation and maintenance of equipment, including salaries and wages, energy inputs, materials and supplies, purchased services and maintenance or repair of equipment associated with pollution abatement or waste management.",
  "references": [
    "EPA An Introduction to Environmental Accounting As a Business Management Tool: Key Concepts and Terms at http://nepis.epa.gov/Exe",
    "Economic Analyses Glossary"
  ],
  "url": "https://mlchart.com/terminology/environment/operational-cost/"
}