unit cost

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Also see: cost

Concise Oxford English Dictionary © 2008 Oxford University Press:
unit/ˈjuːnɪt/
noun
  • 1 an individual thing or person regarded as single and complete but also able to form a individual component of a larger whole.

    ■ a self-contained section of a building or group of buildings.

    ■ a subdivision of a larger military grouping.

    ■ a self-contained part of an educational course.

    ■ a single manufactured item.

  • 2 a device or part with a specified function.
  • 3 a standard quantity in terms of which other quantities may be expressed.
  • 4 one as a number or quantity.
– derivatives
unitize (or unitise) verb.
– origin C16: from L. unus, prob. suggested by digit.

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