The consideration of all costs to Prudential over the expected life of the product/service (maintenance, repair, transportation, insurance, warranty, payment terms, etc.) when evaluating vendor proposals/quotes.
The total cost of an investment is automatically calculated and entered in the Total field on investment display screens. The total cost calculation includes principal, accrued interest and commission.
This is the total original cost of positions. When positions consist of several "lots" purchased at different prices, it is the total cost of the lots. Any expenses associated with an acquisition (i.e., postage, insurance, commissions).
Also referred to as billed charges. Total hospital and/ or doctor charges billed by the provider. Charges represent the gross billed or retail price of services. Charges do not necessarily represent the amount paid by the member or the amount collected by the provider.