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costs

[kɒsts]

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

Synonyms for costs

Phrases with costs

  • regardless of the expense or effort involved

    Example

    He was determined to win at all costs.

  • consider the negative consequences of an action or decision

    Example

    Before you decide to quit your job, you should count the cost.

  • suffer the negative consequences of an action or decision

    Example

    He paid the cost for his reckless behavior.

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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.