What is the meaning of HARD COSTS?

HARD COSTS is the purchase price of actual assets. For example, the purchase price of a new printing press would be the hard cost. The soft costs are additional fees for items like factoring-invoiced installation, prepaid and extended warranties, or service contracts for the new equipment.

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APABarry Goldsmith. (2010). hard costs. Retrieved September 28, 2026, from http://smartdefine.org/hard_costs/definitions/1155294
ChicagoBarry Goldsmith. 2010. "hard costs" http://smartdefine.org/hard_costs/definitions/1155294 (accessed September 28, 2026).
HarvardBarry Goldsmith 2010, hard costs, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/hard_costs/definitions/1155294>.
MLABarry Goldsmith. "hard costs" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/hard_costs/definitions/1155294>