cost
US /kɑst/
noun, verb Foundation · A2 Tài chính & ngân sách
Definition
the total spent for goods or services including money and time and labor
Tested in TOEIC business and workplace contexts.
Examples
The total cost of the renovation was lower than we expected.
Word Family
Synonyms
- pricethe property of having material worth (often indicated by the amount of money something would bring if sold)
- expenseamounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures)
Collocations
- Easy total costto total cost, meaning to add up in number or quantity
- Medium cost estimate for the projectto cost estimate for the project, meaning to be priced at
- Hard cost-benefit analysisa collocation phrase: cost-benefit analysis
- Very Hard count the cost of missed opportunitiesto count the cost of missed opportunities, meaning to determine the number or amount of
Learner's English edition · Curated definitions for TOEIC learners.