Usually means: Cost to fund additional capital.
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We found 4 dictionaries that define the word marginal cost of capital:

General (1 matching dictionary)
  1. marginal cost of capital: Wiktionary

Business (2 matching dictionaries)
  1. INVESTORWORDS (No longer online)
  2. Marginal cost of capital: Financial dictionary

Computing (1 matching dictionary)
  1. Marginal cost of capital: Encyclopedia

Definitions from Wiktionary (marginal cost of capital)

noun:  (finance, economics) The cost of the marginal unit of capital that a firm could raise.

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