Long Run Incremental Cost - LRIC
Definition of 'Long Run Incremental Cost - LRIC'Forward-looking incremental costs that can be accounted for by a company. |
|
Investopedia explains 'Long Run Incremental Cost - LRIC'These are the changing costs that a company can somewhat foresee. For example, oil price increases, rent increases, and expansion and maintenance costs. |
Related Definitions
Articles Of Interest
-
Cleaning Up Dirty Surplus Items On The Income Statement
Dirty surplus items can skew net income. Knowing how to account for them will give you a cleaner picture. -
Economic Moats: A Successful Company's Best Defense
Find out why some companies thrive while others flounder. -
Business Startup Costs: It's In The Details
Don't overlook the details when starting up a business. It's the small expenses that have the potential to make or break a great idea. -
Fund Costs and Expenses
How much a fund charges for its services is the most important indicator of how well it will perform. -
Leading Economic Indicators Predict Market Trends
Leading indicators help investors to predict and react to where the market is headed. -
Great Company Or Growing Industry?
Look at the big picture when choosing a company - what you see may really be a stage in its industry's growth. -
Prisoner's Dilemma
Learn more about this classic game theory scenario. -
Is Growth Always A Good Thing?
Getting big quickly looks good, but companies can get into trouble when they do it too fast. Find out how to spot this trouble. -
What Is "Chained CPI?"
Chained CPI is one of many ways to approximate the impact of rising or falling prices to consumers' pocketbooks. -
Natural Disasters: Issues Relating To Leaves Of Absence
Small businesses are more likely to fail in the aftermath of devastation. How can you as an employee handle issues after a disaster?
Free Annual Reports