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average cost vs monetary value

monetary value vs average cost

average cost and monetary value both are nouns.

Word NounAdjectiveVerbAdverb
average cost Yes No No No
monetary value Yes No No No
As nouns, monetary value is a hypernym of average cost; that is, monetary value is a word with a broader meaning than average cost:
  • average cost: total cost for all units bought (or produced) divided by the number of units
  • monetary value: the property of having material worth (often indicated by the amount of money something would bring if sold)
Other hypernyms of average cost include cost, price.
average cost (noun) monetary value (noun)
total cost for all units bought (or produced) divided by the number of units the property of having material worth (often indicated by the amount of money something would bring if sold)
Difference between average cost and monetary value

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