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- DictionaryCost/kôst/
verb
- 1. (of an object or action) require the payment of (a specified sum of money) before it can be acquired or done: "each issue of the magazine costs $2.25"
- 2. estimate the price of: "it is their job to plan and cost a media schedule for the campaign"
noun
- 1. an amount that has to be paid or spent to buy or obtain something: "we are able to cover the cost of the event"
The meaning of COST is the amount or equivalent paid or charged for something : price. How to use cost in a sentence.
COST definition: 1. the amount of money needed to buy, do, or make something: 2. the amount of money needed for a…. Learn more.
Cost definition: the price paid to acquire, produce, accomplish, or maintain anything. See examples of COST used in a sentence.
The cost of something is how much money you need to spend on it. The high cost of a fancy coffee drink might surprise you. A new car costs thousands of dollars, while in some places penny candy still only costs a penny per piece.
If you cost or cost out a product or process, you estimate what it is going to cost, for the purposes of pricing or budgeting. If we want to fully cost a particular product, for example, when we wish to set prices, we will need to know all the expenses connected with that product.
Obtaining or achieving something may have a cost; the value of something is how much other people would be willing to pay for it: house prices • the cost of moving house • The house now has a market value of one million pounds. expense the money that you spend on something; something that makes you spend money:
the amount of money that you need to buy or do something: The cruise ship was built at a cost of $400 million. Software is included at no extra cost. The cost of living (= the cost of food, clothes, etc) has increased. Fewer examples. the overall cost of the holiday.