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cost of ownership

Consumables such as paper and toner, as well as service contracts are all part of the price equation when considering a new digital copier. This is called the Cost of Ownership, and it determines the actual cost to budget for when buying copy machines.

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  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Office equipment
  • Category: Copiers
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