The phrase "pocket costs" refers to the amount of money that you have to pay out of your own pocket, typically in addition to any insurance coverage or other payments. These are expenses that you are responsible for paying yourself. Full definition
Cash on cash return is calculated on our end by the out of pocket cost of purchase and rehab and normal monthly bills for the property such as utilities and such. (biggerpockets.com)
Payment is made directly to the veterinarian, reducing out of pocket costs for low income pet owners who need to save their pet's life. (michiganpetfund.org)
This coverage protects you from the need to pay excessive out - of - pocket costs if someone suffers injuries on property that you failed to maintain. (trustedchoice.com)