cost-to-cost method Definition | Business Dictionaries from AllBusiness.com
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Business Definition for: cost-to-cost method
cost-to-cost method

in construction contracts, an estimate of completion in which the state of completion is the ratio of costs incurred as of a given date divided by the estimated total project cost.

See also percentage-of-completion method
Copyright © 2005, 2000, 1995, 1987 by Barron's Educational Series, Inc., Reprinted by arrangement with Publisher.

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