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noun · B1

Cost

KOST/kɒst/

Cost is the amount you must pay, or a loss you accept: the cost of living; at a cost; cover the cost. Price is the figure on the ticket; a charge is often an extra fee; value is what something is worth to you. At all costs means however difficult. As a verb: it costs £20; cost a fortune. Costs (plural) often means business expenses.

Meaning

The amount of money you need to pay for something.

Examples

  • “The cost of living has increased.”
  • “We cannot ignore the cost of training.”
  • “The repairs cost more than we expected.”

Good to know

the cost of. cover / cut costs. at a cost / at all costs. Ticket figure: price. Extra fee: charge.

Near in meaning

price

Topics

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