Equivalent Annual Cost (EAC)
The annual cost of owning an asset over its entire life. Calculated as:

Investopedia Says:
This measure enables an investor or company to compare the cost effectiveness of various assets.

Related Terms:
Amortization
Asset
Depreciated Cost
Depreciation
Useful Life

• Jobber
• Job Hunting Expenses
• Job Lot
• Job Openings and Labor Turnover Survey (JOLTS)
• Job Openings and Labor Turnover Survey (JOLTS)
• Jobs And Growth Tax Relief Reconciliation Act of 2003
• Jobs And Growth Tax Relief Reconciliation Act of 2003 (JGTRRA)
• Jobs And Growth Tax Relief Reconciliation Act of 2003 (JGTRRA)
• Jobs Growth
• JOD
• Johannesburg Interbank Agreed Rate (JIBAR)
• Joint
• Joint Account
• Joint and Survivor Annuity
• Joint Bond
• Joint Credit
• Joint Liability
• Joint Life With Last Survivor Annuity
• Jointly and Severally
• Joint Owned Property
• Joint Return
• Joint Stock Company
• Joint Tenants in Common (JTIC)
• Joint Tenants in Common (JTIC)
• Joint Tenants with Right of Survivorship (JTWROS)