tangible costs

Language: en

📖 Definitions

  1. Measurable, concrete expenses or losses that can be quantified in monetary terms or specific units, often used in the context of sanctions, penalties, or economic consequences.; Direct financial burdens or material damages incurred as a result of a particular action, policy, or event, distinct from abstract or psychological impacts.; Physical or easily identifiable resources lost or consumed, such as money, property, or time, which have a clear market value.

💬 Examples

  1. These steps aim to impose tangible costs on the Russian state for its aggressive behavior.

  2. The company failed to account for the tangible costs associated with the new regulatory compliance measures.

  3. While the emotional toll was high, the tangible costs of the lawsuit were even more devastating for the small business owner.