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TeachMeFinance.com - explain Preproduction costs Preproduction costs The term 'Preproduction costs' as it applies to the area of energy can be defined as ' Costs of prospecting for, acquiring, exploring, and developing mineral reserves incurred prior to the point when production of commercially recoverable quantities of minerals commences'. Previous 5 Terms: Prepaid Health Plan prepalaeolith pre-pandemic vaccine Preparation plant Prepayment Review Next 5 Terms: Preproduction expenses preputial PRES Prescribed elevation Prescribed Fire 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.