1. price, expense. have a price, require payment; set a price. cost\cost\ (k?st; 115), n. [l. costa rib. see:
coast.].
2. a rib; a side; a region or coast. [obs.] betwixt the costs of a ship. jonson.
3. (her.) see:
cottise.cost \cost\ (k&obreve;st; 115), v. t. [imp. & p. p. cost; p. pr. & vb. n. costing.] [of. coster, couster, f. coûter, fr. l. constare to stand at, to cost; con- + stare to stand. see:
stand, and cf. constant.].
4. to require to be given, expended, or laid out therefor, as in barter, purchase, acquisition, etc.; to cause the cost, expenditure, relinquishment, or loss of; as, the ticket cost a dollar; the effort cost his life. a diamond gone, cost me two thousand ducats. though it cost me ten nights' watchings.
5. to require to be borne or suffered; to cause. to do him wanton rites, which cost them woe.
6. A rib; a side; a region or coast.
7. See Cottise.
8. To require to be given, expended, or laid out therefor, as in barter, purchase, acquisition, etc.; to cause the cost, expenditure, relinquishment, or loss of; as, the ticket cost a dollar; the effort cost his life.
9. To require to be borne or suffered; to cause.
10. The amount paid, charged, or engaged to be paid, for anything bought or taken in barter; charge; expense; hence, whatever, as labor, self-denial, suffering, etc., is requisite to secure benefit.
11. Loss of any kind; detriment; pain; suffering.
12. Expenses incurred in litigation. the total spent for goods or services including money and time and labor require to lose, suffer, or sacrifice; "This mistake cost him his job" be priced at; "These shoes cost $100".
13. The form cost is used in the present tense, and is also the past tense and participle, except for meaning 4., where the form costed is used.
14. The cost of something is the amount of money that is needed in order to buy, do, or make it. The cost of a loaf of bread has increased five-fold In 1989 the price of coffee fell so low that in many countries it did not even cover the cost of production Badges are also available at a cost of £2.
15. 2. If something costs a particular amount of money, you can buy, do, or make it for that amount. This course is limited to 12 people and costs £50 It's going to cost me over $100,000 to buy new trucks.
16. Your costs are the total amount of money that you must spend on running your home or business. Costs have been cut by 30 to 50 per cent.
17. When something that you plan to do or make is costed, the amount of money you need is calculated in advance. Everything that goes into making a programme, staff, rent, lighting, is now costed. seventy apartments, shops, offices, a restaurant and hotel, costed at around 10 million pounds. Cost out means the same as cost. training days for charity staff on how to draw up contracts and cost out proposals It is always worth having a loft conversion costed out.
18. If someone is ordered by a court of law to pay costs, they have to pay a sum of money towards the expenses of a court case they are involved in. He was jailed for 18 months and ordered to pay £550 costs.
19. If something is sold at cost, it is sold for the same price as it cost the seller to buy it. a store that provided cigarettes and candy bars at cost. = cost price.
20. The cost of something is the loss, damage, or injury that is involved in trying to achieve it. In March Mr Salinas shut down the city's oil refinery at a cost of $500 million and 5,000 jobs. being so afraid of something that you feel you have to avoid it whatever the cost to your lifestyle.
21. If an event or mistake costs you something, you lose that thing as the result of it. a six-year-old boy whose life was saved by an operation that cost him his sight The increase will hurt small business and cost many thousands of jobs.
22. emphasis If you say that something must be avoided at all costs, you are emphasizing that it must not be allowed to happen under any circumstances. They told Jacques Delors a disastrous world trade war must be avoided at all costs.
23. emphasis If you say that something must be done at any cost, you are emphasizing that it must be done, even if this requires a lot of effort or money. This book is of such importance that it must be published at any cost.
24. If you say that something costs money, you mean that it has to be paid for, and perhaps cannot be afforded. Well-designed clothes cost money.
25. If you know something to your cost, you know it because of an unpleasant experience that you have had. Kathryn knows to her cost the effect of having served a jail sentence.
26. to cost someone dear: see:
dear. Monetary value of goods and services that producers and consumers purchase. In a basic economic sense, cost is the measure of the alternative opportunities forgone in the choice of one good or activity over others (see:
opportunity cost). For consumers, cost describes the price paid for goods and services. For producers, cost has to do with the relationship between the value of production inputs and the level of output. Total cost refers to all the expenses incurred in reaching a particular level of output; if total cost is divided by the quantity produced, average or unit cost is obtained. A portion of the total cost known as fixed cost (e.g., the costs of building rental or of heavy machinery) does not vary with the quantity produced and, in the short run, cannot be altered by increasing or decreasing production. Variable costs, like the costs of labour or raw materials, change with the level of output. Economic decisions are based on marginal cost, the additional cost of an incremental unit of production or consumption. cost of living cost benefit analysis marginal cost pricing opportunity cost.
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