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TeachMeFinance.com - explain Cost model for undiscovered resources Cost model for undiscovered resources The term 'Cost model for undiscovered resources' as it applies to the area of energy can be defined as ' A computerized algorithm that uses the uranium endowment estimated for a given geological area and selected industry economic indexes to develop random variables that describe the undiscovered resources ultimately expected to be discovered in that area at chosen forward cost categories'. Previous 5 Terms: cosmogenic cosmology cosmotellurian Cost allocation Cost effectiveness Next 5 Terms: Cost of capital Cost of debt Cost of preferred stock Cost of retained earnings Cost of service 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.