costs Definition
- 1the amount of money that is needed to buy, do, or make something
- 2an amount that has to be paid or spent to buy or obtain something
Using costs: Examples
Take a moment to familiarize yourself with how "costs" can be used in various situations through the following examples!
Example
The costs of living in this city are very high.
Example
The cost of the car was $20,000.
Example
We need to reduce our costs if we want to stay in business.
Example
The company is trying to cut costs by reducing staff.
costs Synonyms and Antonyms
Phrases with costs
Example
He was determined to win at all costs.
Example
Before you decide to quit your job, you should count the cost.
Example
He paid the cost for his reckless behavior.
Summary: costs in Brief
The term 'costs' [kɒsts] refers to the amount of money required to purchase, produce, or perform a task. It can also refer to the amount that must be paid to obtain something. Examples include 'The cost of the car was $20,000.' and 'The company is trying to cut costs by reducing staff.' Phrases like 'at all costs' and 'count the cost' emphasize the importance of considering the negative consequences of an action or decision.