Pronunciation

/kɒst/

Definitions

Noun

1. The amount of money that something costs when purchased or required. For example: “The new car was quite expensive; it cost $50,000.”
2. The time, effort, or resources expended in obtaining, producing, or achieving something. For example: “The project cost us months of hard work.”

Verb

1. To incur a financial expense for. For example: “The trip to Europe will cost us around $3,000 per person.”
2. To be the result or consequence of (an action or event). For example: “His injury cost him the game.”

Phrases

• “The total cost” refers to the sum of all expenses.
• “Cost-cutting measures” are actions taken to reduce expenses.
• “Cost-benefit analysis” evaluates the advantages and disadvantages of a decision based on its costs and potential benefits.

Example Sentences

• Noun: “The renovation of the house cost more than we initially anticipated.”
• Verb: “He regretted not researching the cost of living abroad before making the move.”
• Sentence with ‘cost’ as a verb: “The experiment proved to be costly but provided valuable insights.”

Synonyms

• Expense
• Price
• Charge
• Expenditure
• Valuation
• Outlay

Antonyms

• Profit
• Gain
• Free
• Discount
• Saving