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cost

Meaning in simple English

US /kɔːst/ · UK /kɒst/

cost means: If something does this, you must pay a particular amount of money to buy or use it.

verb

HAVE A PRICEA1

If something does this, you must pay a particular amount of money to buy or use it.

  • This bag costs twenty euros.
  • How much did your ticket cost?
  • The repairs will cost us a lot.

How to use it: cost someone an amount (The repairs cost me two hundred pounds.)

Common phrases: cost ten dollars, cost a fortune, cost too much, cost five pounds

CAUSE A LOSSB2

To make someone lose something valuable or suffer an unwanted result.

  • His careless comment cost him a friend.
  • The delay cost us the contract.
  • Could one mistake cost her the race?

How to use it: cost someone something (That mistake cost him his job.)

Common phrases: cost someone something, cost a life, cost someone everything

CALCULATE THE PRICEC1

To calculate how much money a project, service, or activity will require.

  • Please cost the repairs.
  • The builder costed the work yesterday.
  • Have you costed the whole project yet?

How to use it: cost something at an amount (They costed the repairs at three thousand pounds.); cost something out (We must cost the project out before approving it.)

Similar words: price, estimate

Common phrases: cost a project, cost the work, cost something out

noun

PRICEA2

The amount of money you pay to buy or use something.

  • What is the cost of delivery?
  • The total cost was fifty pounds.
  • We compared the costs of several hotels.

How to use it: the cost of something (The cost of the ticket includes lunch.)

Similar words: price, charge

Common phrases: cost of something, total cost, extra cost

RESOURCES REQUIREDB1

The money, time, or other resources needed or used to do something.

  • The cost of running the factory is rising.
  • This method saves both time and labor costs.
  • We underestimated the cost of developing the software.

How to use it: the cost of doing something (We calculated the cost of building a new school.)

Similar words: expense, expenditure

Common phrases: production cost, cost of something, at no cost

HARM OR LOSSB2

The harm or loss caused by doing or achieving something.

  • The victory came at a terrible cost.
  • We must consider the human cost of war.
  • He gained power at the cost of his friendships.

How to use it: at the cost of something (She achieved success at the cost of her health.); at a cost to someone/something (The road was built at a cost to local wildlife.)

Similar words: price, sacrifice

Common phrases: at a cost, at the cost, human cost

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