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Costs Meaning: Definition, Examples, and Translations

๐Ÿ’ฐ
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costs

[kษ’sts ]

Definitions

Context #1 | Noun

business

The amount that has to be paid in order to get or do something.

Synonyms

charges, expenses, outlay.

Examples of usage

  • The costs of production have increased this year.
  • We need to reduce our costs to improve profitability.
Context #2 | Verb

general

To require the payment of (a specified sum of money) before it can be acquired or done.

Synonyms

amount, charge, price.

Examples of usage

  • The concert tickets cost $50 each.
  • How much does it cost to repair the car?

Translations

To see the translation, please select a language from the options available.

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.

See also: cost, costless, costly, costume.

Word Frequency Rank

With position #465, this word is vital for basic English fluency. It appears very frequently in everyday language and should be among the first words you learn and actively use.