Meaning of total ownership cost
The sum of all resources necessary to organize, equip, sustain and operate military forces, including Cost to research, develop, acquire, own, operate, and dispose of systems, cost of other equipment and real property, cost to recruit, retain, separate and otherwise support personnel, and all other costs of business operations. A related, less broad term is Defense Systems TOC, which includes acquisition program direct costs, indirect costs attributable to the acquisition program (i.e., costs that would not occur if the program did not exist.)
Source: http://www.sceaonline.org/prof_dev/CEBoK-Glossary.xls
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