Meaning & Definition of word "Cost"

Cost

/kɔst/

1. The amount of money required to purchase something.
- Example: The cost of the new car was more than I had budgeted.
2. The effort, loss, or sacrifice necessary to achieve or obtain something.
- Example: She completed the project at the cost of her health.
3. An amount paid for goods or services.
- Example: The cost of admission to the concert was $50.

1. To require a payment of money in exchange for something.
- Example: This new software will cost you around $200.
2. To be of a certain price or expense.
- Example: How much does this dress cost?
3. To result in a specified loss or damage.
- Example: The mistake cost him his job.

Middle English cost, from Latin constare, meaning ‘to stand firm’ or ‘to be established’.

at any cost:

regardless of the effort or expense involved.

cost an arm and a leg:

to be very expensive.

cost of living:

the average cost of basic necessities, such as housing and food.

pricing:

The process of determining the value of something.

expense:

The cost incurred in the process of doing something.

valuation:

The determination of something's worth.

Meaning: Big bucks

Example Sentence: That car will cost big bucks.

Meaning: Costly

Example Sentence: It was a costly mistake.