American Dictionary

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Definition cost in American English

cost noun

noun
/kɔst/

▪ cover, cut, defray, incur, meet, offset, recoup, recover, reduce

1

the amount of money that is needed in order to buy, pay for, or do something

Example

The cost of rebuilding the theater will be $13 million.

Example

We're organizing a trip to New York, at a cost of $300 per person.

Example

This scheme helps homeless people at no cost to the taxpayer.

Example

We need money to cover the cost of heating.

Example

A rise in interest rates will increase the cost of borrowing.

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2

damage or loss that is caused to something good or worth having

Example

the serious environmental costs of the new road network

Example

They decided to divorce, whatever the cost to their children.

Example

The plant closed down at a cost of over 1,000 jobs.

Example

the social costs of unemployment

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Example

New technology has helped us to cut costs.

Example

Higher fuel prices will lead to increased costs for car owners.

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3.1

all the money that a business must spend to produce something or to provide a service

Example

At these prices, we are not even covering our costs.

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4

money that someone involved in a court case must give in order to help to pay for the lawyers and the court, usually after they have lost the case

Example

He was ordered to pay a fine of $500 plus $250 costs.

Synonyms and related words
Definition cost in American English