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TeachMeFinance.com - explain Carrying costs Carrying costs The term 'Carrying costs' as it applies to the area of energy can be defined as ' Costs incurred in order to retain exploration and property rights after acquisition but before production has occurred. Such costs include legal costs for title defense, ad valorem taxes on nonproducing mineral properties, shut-in royalties, and delay rentals'. Previous 5 Terms: Carrington Longitude Carry over carryall scraper carrying capacity carrying capacity Next 5 Terms: Cartesian coordinate system cartography cartography cartophily CAS registry number About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.