appraisal cost

noun

The costs that are incurred in assessing that products/services conform to the requirements. It relates to testing, executing, and examination to assess whether specified quality is being maintained. Some example component items of the total appraisal costs are: product quality audits, process control monitoring, inspection and testing of goods, and maintenance of test equipment.

Ask AI about this wordChatGPTClaudePerplexityGoogle AIGrok

Meanings

nounappraisal cost (plural appraisal costs)

plural appraisal costs

  1. plural normallybusinessThe costs that are incurred in assessing that products/services conform to the requirements. It relates to testing, executing, and examination to assess whether specified quality is being maintained. Some example component items of the total appraisal costs are: product quality audits, process control monitoring, inspection and testing of goods, and maintenance of test equipment.
Cite this entry
APA

appraisal cost. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/appraisal%20cost

MLA

“appraisal cost.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/appraisal%20cost. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “appraisal cost,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/appraisal%20cost.

Source: appraisal cost on Wiktionary, CC BY-SA 4.0.