TCO

{
  "id": "MLC-T-IND-005901",
  "term": "TCO",
  "field": "Industrial and trades",
  "definition": "A financial calculation, total cost of ownership, that includes all direct and indirect costs of acquiring, operating, and maintaining an asset over its entire life cycle. It accounts for the initial purchase price plus expenses for installation, energy consumption, maintenance, repairs, training, and eventual disposal. Unlike focusing on the initial capital expenditure, TCO provides a more complete basis for comparing long-term investments in equipment or systems.",
  "subject": "Energy and utilities",
  "translations": {
    "de": "TCO",
    "es": "TCO",
    "fr": "TCO"
  },
  "url": "https://mlchart.com/terminology/industrial/tco/"
}