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TeachMeFinance.com - explain Forward costs (uranium) Forward costs (uranium) The term 'Forward costs (uranium)' as it applies to the area of energy can be defined as ' By use of forward costing, estimates of reserves for ore deposits in differing geological settings can be aggregated and reported as the maximum amount that can theoretically be extracted to recover the specified costs of uranium oxide production under the listed forward cost categories'. Previous 5 Terms: formulate Formulation process Forward contract Forward cost (1) Forward cost (2) Next 5 Terms: Forward coverage Forward Flank Downdraft Forward market Forward selling fossa 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.