Costs Meaning: Definition, Examples, and Translations
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costs
costs
🇺🇸 /ˈkɑsts/
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🇬🇧 /kˈɒsts/
Definitions
Context #1 | Noun
business
The amount that has to be paid in order to get or do something.
Synonyms
Examples of usage
- The costs of production have increased this year.
- We need to reduce our costs to improve profitability.
Translations
To see the translation, please select a language from the options available.
Quick facts about “costs”
Costs is a 1-syllable noun and verb. It is pronounced /ˈkɑsts/ in American English and /kˈɒsts/ in British English. On finesentence.com it has 2 meanings, 6 synonyms, and translations into 21 languages. It ranks #465 among the most common English words.
Origin of 'costs'
The word 'costs' originated from the Latin word 'constare', which means 'to stand firm' or 'to be fixed'. Over time, the term evolved to represent the amount of money required to acquire goods or services. The concept of costs has been integral to commerce and economics throughout history, shaping business practices and financial decisions.