Author of this content has low reputation.

LeoGlossary: Recurring Costs

Words
59
Reading
1 min
Listen
Play
4y

How to get a Hive Account


Recurring costs are paid regularly and repeatedly. Employee salaries and utility bills, which may be paid monthly, are recurring costs.

Nonrecurring costs, by contrast, are one-time expenses. Buying a piece of large equipment is an example of a nonrecurring cost.

General: