Costo (en. Cost)

/ˈkosto/

Meaning & Definition

EnglishSpanish
noun
Amount of money needed to obtain a product or service.
The cost of the plane ticket is quite high.
El costo del billete de avión es bastante alto.
Expense or investment needed for the production of a good.
The cost of production has increased this year.
El costo de producción ha aumentado este año.
Value assigned to something in economic terms.
The maintenance cost of the machinery is considerable.
El costo de mantenimiento de la maquinaria es considerable.

Etymology

From Latin 'costum', which means 'expense' or 'disbursement'.

Common Phrases and Expressions

opportunity cost
Value of the best alternative that is foregone when making a decision.
costo de oportunidad
at low cost
Which implies a lower expense than usual.
a bajo costo
at no cost
No expenses, free of charge.
sin costo

Related Words

price
Amount of money requested for a good or service.
precio
expense
The action of spending or the money that is spent.
gasto
income
Money received, especially in a financial context.
ingreso

Slang Meanings

Street
That new phone has a cost that is a street.
Ese nuevo teléfono tiene un costo que es una calle.
A lot of money
The new car has cost me a lot of money.
El nuevo coche me ha costado una pasta.