Can be split into two categories; profit costs (the solicitor's charges) and disbursements (eg: expert's fees) Each party must pay his solicitor's costs Costs are within the discretion of the Court but are normally awarded against the unsuccessful party Where legally aided, the Court will order costs not to be enforced without the approval of the Court
One consideration that helps determine transportation mode, involving comparison of alternative modes to determine whether the benefits of a more expensive mode are worth the higher costs p 403
expenses incurred in the provision of services or goods Many different kinds of costs are defined and used (see allowable, direct, indirect, and operating costs) Charges, (the price of a service or amount billed an individual or third party), may or may not be equal to service costs
The cost of providing care is the cost to the provider for that care regardless of the amount that is reimbursed by payers Costs include cost to the provider for supplying all labor, supplies, professional services, facilities, and other services such as meals required to care for the patient
The resource implications of undertaking an activity What is actually measured in the costs will depend upon the type of activity, and also from which perspective the analysis is being taken
DIRECT: - costs that can be identified directly with a particular process or its output See also INDIRECT COSTS, INCREMENTAL COSTS, MARGINAL COST, OPPORTUNITY COSTS, SUNK COSTS
An allowance for expenses in prosecuting or defending a suit Ordinarily this does not include attorney fees
The objective function coefficients, which are called costs because they often represent the dollar cost of a commodity For example, in a feed blending problem in which we want to minimize costs, the objective function is the sum of the costs of each type of feed multiplied by the amount of each type of feed used
court-recognized expenses of the legal proceedings for which the successful party is entitled to reimbursement from the other party
Expenditures of funds or the fungible equivalent, at a particular time, required to obtain the benefits of a facility; valued in monetary terms; not the same as disbenefits
Certain fees and charges a party pays to file and present a case or to enforce a judgment Top of Page
the price of implementing a piece of work/project Accrued cost/expenditure is generally interpreted to mean the work done to date or to the end of a previous financial year Actual cost/expenditure is the invoiced total at the present time
the cost of a grant-supported activity is comprised of the allowable direct costs incidental to its performance, plus the allocable portions of the allowable indirect costs of an organization less allocable credits
Certain fees and charges a party pays to file and present a case or to enforce a judgment
An amount of money awarded to the successful party (and recoverable from the losing party) solely as reimbursement for certain of the expenses in prosecuting or defending a suit
This is a term often used in judgments as in "the defendant will pay costs " When a person is condemned to "costs" it means that he has to pay all the court costs such as the fees for bringing the action, witness fees and other fees paid out by the other side in bringing the action to justice A court can also condemn a losing party to "special costs" but this is considered punitive as it would include the other side's lawyer bill The rule in most places is that "costs follows the event" which means that the loser pays In most states, the court has the final say on costs and may decide not to make an order on costs