What does costs mean?

Definitions for costs
costs

This dictionary definitions page includes all the possible meanings, example usage and translations of the word costs.

Princeton's WordNet

  1. costsnoun

    pecuniary reimbursement to the winning party for the expenses of litigation

Wikipedia

  1. Costs

    In production, research, retail, and accounting, a cost is the value of money that has been used up to produce something or deliver a service, and hence is not available for use anymore. In business, the cost may be one of acquisition, in which case the amount of money expended to acquire it is counted as cost. In this case, money is the input that is gone in order to acquire the thing. This acquisition cost may be the sum of the cost of production as incurred by the original producer, and further costs of transaction as incurred by the acquirer over and above the price paid to the producer. Usually, the price also includes a mark-up for profit over the cost of production. More generalized in the field of economics, cost is a metric that is totaling up as a result of a process or as a differential for the result of a decision. Hence cost is the metric used in the standard modeling paradigm applied to economic processes. Costs (pl.) are often further described based on their timing or their applicability.

ChatGPT

  1. costs

    Costs refer to the amount of money or resources expended to purchase, produce, develop, or maintain a product, service, or asset. These may include raw materials, labor, rent, utilities, transportation, and other operational expenses. Costs can also refer to financial charges or losses incurred in various activities such as doing business, making investments or performing economic research. There are various types of costs including fixed costs, variable costs, direct costs, indirect costs, sunk costs, opportunity costs and so on.

Editors Contribution

  1. costsnoun

    Plural noun and verb form of the word cost.

    The operational costs were added to the budget to ensure an accurate invitation to tender was submitted.


    Submitted by MaryC on May 18, 2016  

Matched Categories

British National Corpus

  1. Spoken Corpus Frequency

    Rank popularity for the word 'costs' in Spoken Corpus Frequency: #813

  2. Written Corpus Frequency

    Rank popularity for the word 'costs' in Written Corpus Frequency: #1134

How to pronounce costs?

How to say costs in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of costs in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of costs in Pythagorean Numerology is: 4

Examples of costs in a Sentence

  1. Brian Kemp:

    President Biden took office in January of 2021, and to understand why we are in this current state of record-high inflation and costs to the average American family, people can simply track his first year of misguided policy decisions, because of our strong, fiscally conservative approach to budgeting, Lt. Governor Duncan, Speaker Ralston and I can confidently propose a state motor fuel tax suspension to curb sky-high gas prices while also returning money back to hardworking Georgians through a tax refund and an income tax cut.

  2. Jill Biden:

    From a young age, hidden helpers learn the costs of war close up. You see how difficult the road to recovery can be. You know the reality of changing bandages or long stays in hospital rooms. You get tired of having to be brave. And there's no way to, you know, keep you from feeling sad sometimes. So no, we can't shield our caregiving kids from the reality of war or its aftermath, but we can recognize the costs, that they last long after our troops come home, and that injuries can be felt throughout generations.

  3. Sergio Marchionne:

    I think (automakers') costs ... (are) well in excess of what I consider a mature industry to be able to afford.

  4. Russell Armstrong:

    As one of the biggest historical emitters of carbon pollution, the US has an obligation to the global community to prioritize the fight against climate change and help foot the bill on the costs of destruction from extreme weather.

  5. Daniel Gewehr:

    Weak results were pegged to leverage issues, with financing costs hampering their bottom line.

Popularity rank by frequency of use

costs#1#791#10000

Translations for costs

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"costs." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/costs>.

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