cost - Definition & Meaning | Lingo Dictionary

cost

an amount we pay to buy, do, or make somethingan amount we pay to buy, do, or make something

Examples

He compared the cost of various insurance plans.
He was unaware of the cost of the repair.
She was surprised by the low cost of the shoes.

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cost

Plural

costs

1

an amount we pay to buy, do, or make something

He compared the cost of various insurance plans.
He was unaware of the cost of the repair.
She was surprised by the low cost of the shoes.
The cost of public transport is increasing.
The cost of the dress was more than she could afford.

2

the value or price that needs to be paid, whether in terms of money, effort, or sacrifice, to obtain something

Synonyms:

3

the property of having material worth (often indicated by the amount of money something would bring if sold)

Synonyms:

monetary value price