Legacy Costs

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Dictionary Says

Definition of 'Legacy Costs'

The costs involved with a company paying increased healthcare fees and other benefit-related costs for its current employees and retired pensioners. It is believed that escalating legacy costs can be a very large contributing factor towards limiting a company's competitiveness.
Investopedia Says

Investopedia explains 'Legacy Costs'

Typically, it is the larger, older and more established companies that have problems with spiraling legacy costs, because they have the most pension and healthcare liabilities. In the face of these costs, many companies are taking measures to lower legacy costs as much as possible. One example of this can be seen by the trend of companies changing their employee retirement plans from defined-benefit plans to defined-contribution plans.
Search results for

'Legacy Costs'

  • Bank Of America - By The Numbers

    http://stocks.investopedia.com/stock-analysis/2011/Bank-Of-America---By-The-Numbers-BAC-JPM-C-WFC0310.aspx
    ... In the short term, the bank's expenses will remain high as it works through legacy
    costs and new regulatory requirements in its lines of business. ...
  • A Look At The Airline Industry - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0112/A-Look-At-The-Airline-Industry.aspx
    ... Furthermore, since legacy players use prime airports where landing costs
    are far higher, they are at a further disadvantage. In ...
  • The Economics Of Discount Airlines - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0112/The-Economics-Of-Discount-Airlines.aspx
    ... operating a single type of aircraft, airlines can cut their operating costs in several ...
    while charging fees that are often lower than those of legacy carriers. ...
  • Why Europe Has The Cheapest Airfare - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0112/Why-Europe-Has-The-Cheapest-Airfare.aspx
    ... In comparing the ticket costs for American airlines versus European airlines, the
    latter ... for the new low-cost carriers, but also forced the legacy carriers to ...
  • This Secondary Offering Is Worth a Look

    http://stocks.investopedia.com/stock-analysis/moneyshow/ThisSecondaryOfferingIsWorthaLook.aspx
    ... The first is its legacy wireless-enterprise-broadband business model that has ...
    enterprise-broadband business model is one that carries very high fixed costs. ...
  • Top 10 Insurance Myths Slideshow | Investopedia

    http://www.investopedia.com/slide-show/top-10-insurance-myths
    ... need at least enough life insurance to cover the costs of personal debts, medical
    and funeral bills. If you are uninsured, you may leave a legacy of unpaid ...
  • Top 10 Insurance Myths Slideshow | Investopedia

    http://www.investopedia.com/slide-show/top-10-insurance-myths/term-life.aspx
    ... need at least enough life insurance to cover the costs of personal debts, medical
    and funeral bills. If you are uninsured, you may leave a legacy of unpaid ...
  • Top 10 Insurance Myths Slideshow | Investopedia

    http://www.investopedia.com/slide-show/top-10-insurance-myths/single-with-no-dependents.aspx
    ... need at least enough life insurance to cover the costs of personal debts, medical
    and funeral bills. If you are uninsured, you may leave a legacy of unpaid ...
  • Top 10 Insurance Myths Slideshow | Investopedia

    http://www.investopedia.com/slide-show/top-10-insurance-myths/breadwinner-homemaker.aspx
    ... need at least enough life insurance to cover the costs of personal debts, medical
    and funeral bills. If you are uninsured, you may leave a legacy of unpaid ...
  • Top 10 Insurance Myths Slideshow | Investopedia

    http://www.investopedia.com/slide-show/top-10-insurance-myths/amount-of-coverage.aspx
    ... need at least enough life insurance to cover the costs of personal debts, medical
    and funeral bills. If you are uninsured, you may leave a legacy of unpaid ...

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