English version

cost of goods sold

From Longman Business Dictionary
Related topics: Finance
cost of goods soldˌcost of ˌgoods ˈsold noun [uncountable] ACCOUNTING the total VARIABLE COSTs (=costs of materials, workers etc) of goods sold in a particular period of time, before other costs are taken into accountCost of goods sold dropped sharply when Microsoft switched most of the software it sells from magnetic disks to CD-Rom.
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