Reasonable cost
Term · Environment · MLC-T-ENV-023248
Cost that, in its nature or amount, does not exceed that which would be incurred by a prudent person under the circumstances prevailing at the time the decision was made to incur the costs.
| Identifier | MLC-T-ENV-023248 |
|---|---|
| Field | Environment |
| Subject | Social and economic factors |
| References | 40 CFR 35.4270 (CFR 2018) |
Record as JSON
{
"id": "MLC-T-ENV-023248",
"term": "Reasonable cost",
"field": "Environment",
"term_source": "Reasonable Cost",
"definition": "Cost that, in its nature or amount, does not exceed that which would be incurred by a prudent person under the circumstances prevailing at the time the decision was made to incur the costs.",
"subject": "Social and economic factors",
"references": [
"40 CFR 35.4270 (CFR 2018)"
],
"url": "https://mlchart.com/terminology/environment/reasonable-cost/"
}
Record 22,628 of 29,894 in Environment terminology (MLC-0121). Request the full dataset.