Topical Terminology > Hard Costs
1 Definition
Hard Costs
For Hard Costs we have a term and definition in Accounting.
Hard Costs (Accounting) 
is the purchase price of actual assets. For examplethe purchase price of a new printing press would be the hard cost. The soft costs are additional fees for items like factoring-invoiced installationprepaid and extended warrantiesor service contracts for the new equipment.
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