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
costsnoun
pecuniary reimbursement to the winning party for the expenses of litigation
Wikipedia
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
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
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
Spoken Corpus Frequency
Rank popularity for the word 'costs' in Spoken Corpus Frequency: #813
Written Corpus Frequency
Rank popularity for the word 'costs' in Written Corpus Frequency: #1134
Anagrams for costs »
Scots
Numerology
Chaldean Numerology
The numerical value of costs in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of costs in Pythagorean Numerology is: 4
Examples of costs in a Sentence
I’m all for strengthening our manufacturing sector. But the idea that companies will lower costs by building in America — where labor costs, permitting costs, regulatory costs and so on are usually much higher than in, say, Mexico — is fantasy. The problem right now is that Congress and the administration pumped far too much money into a growing economy, and inflation will probably get even worse whenever the supply-chain issues finally unwind.
Everything is more expensive when sharing the burden with less people, when you bring on more people, you share the cost burden. A lot of government costs are fixed costs, you need more people to share those costs.
Money often costs too much.
Others have a contract in place which might be a bit more complicated in regards to costs they had already and other costs coming up because of preparations which were initiated already, we can just say OK, if we find a time slot then we have these costs. And then we come together or not. This might be a little advantage in our talks.
If you don't like the president, it costs you 90 bucks to fly to Washington to picket. If you don't like the governor, it costs you 60 bucks to fly to Albany to picket. If you don't like me, 90 cents.
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Translations for costs
From our Multilingual Translation Dictionary
- KostenGerman
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"costs." Definitions.net. STANDS4 LLC, 2023. Web. 8 Dec. 2023. <https://www.definitions.net/definition/costs>.
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