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

Usage in printed sourcesFrom: 

How to pronounce costs?

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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. Jorn Teske:

    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.

  2. Takahiro Hachigo:

    We have money budgeted for quality-related costs, as we did last year, and we think we can respond within this allocated amount.

  3. Zhu Guangyao:

    In accordance with the State Council's plans, we will turn such short-term financing into long-term financing, and the size for 2015 is 1 trillion yuan, this will help reduce the funding costs and reduce risks.

  4. Chief Executive Miguel Galuccio:

    If we increase the productivity of these wells and drive costs down, the economic equation changes.

  5. Doug Arthur:

    I thought the transitional costs were going to be in the $50 million-and-under range, they are talking a very big number ... there is a little shock value to that.

Popularity rank by frequency of use

costs#1#791#10000

Translations for costs

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"costs." Definitions.net. STANDS4 LLC, 2024. Web. 9 Dec. 2024. <https://www.definitions.net/definition/costs>.

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