maintenance cost
Keeping things working
Maintenance cost is the ongoing expense required to keep something in working condition.
Buildings have maintenance costs for repairs and upkeep; vehicles require regular service; software needs updates and bug fixes.
In business accounting, maintenance costs are distinguished from capital expenditures—they preserve existing assets rather than acquire new ones.
The maintenance costs on the old building finally exceeded its value.
- upkeepOngoing preservation effort
- repairRestore to working order
- wear and tearGradual damage from use
- overheadLocated directly above
- expenseMoney paid out
operating · money pit · out of pocket · wear · depreciation · breakdown · run into the ground · service · service contract · spare parts · parts · labor · budget · breaking the bank · annual · recurring · replacement · deterioration
- costsoverhead
- out-of-pocket costsout-of-pocket, copay, copayment, deductible, coinsurance
- vehicle specstowing, wheelbase, hauling, fuel economy, acceleration
- hotel financeADR, occupancy rate, room rate, nightly rate, rack rates
maintenance costpurchase price
Money paid for acquisition
acquisition cost · capital cost · capital expenditure · setup cost · down payment
maintenance costrevenue
Business income total
income · earnings · return on investment · cost savings · profit
maintenance, cost, maintain, maintained, maintaining, maintainer, maintains, costs, costing