Total Cost of Ownership, a model that helps IT professionals understand and manage the budgeted (direct) and unbudgeted (indirect) costs incurred for acquiring, maintaining and using an application or a computing system. TCO normally includes training, upgrades, and administration as well as the purchase price. Lowering TCO through single-point control is a key benefit of Server-based Computing. ... Found on http://www.encyclo.co.uk/visitor-contributions.php