cost1 W1S1 [kɔst US ko:st] n
the amount of money that you have to pay in order to buy, do, or produce something
cost of
the cost of accommodation
I offered to pay the cost of the taxi.
Insurance to cover the cost of a funeral is possible.
This doesn't include the cost of repairing the damage.
The new building's going up at a cost of $82 million.
low cost housing
the high cost of production
A cassette/radio is included at no extra cost .
The funds will just cover the museum's running costs .
2.) costs [plural]
a) the money that you must regularly spend in order to run a business, a home, a car etc
reduce/cut costs
We have to cut costs in order to remain competitive.
At this rate we'll barely cover our costs (=make enough money to pay for the things we have bought) .
the travel costs incurred in attending the meeting (=money you have to spend)
Because of the engine's efficiency the car has very low running costs (=the cost of owning and using a car or machine) .
b) also court costs
the money that you must pay to lawyers etc if you are involved in a legal case in court, especially if you are found guilty
Bellisario won the case and was awarded costs.
He was fined £1000 and ordered to pay costs of £2200.
3.) [U and C]
something that you lose, give away, damage etc in order to achieve something
at (a) cost to sb
She had kept her promise to Christine, but at what cost to herself?
social/environmental etc cost
the environmental cost of such mining projects
They need to weigh up the costs and benefits (=disadvantages and advantages) of regulation.
He's determined to win, whatever the cost (=no matter how much work, money, risk etc is needed) .
We must avoid a scandal at all costs (=whatever happens) .
4.) [singular] especially AmE the price that someone pays for something that they are going to sell
= ↑cost price at cost
His uncle's a car dealer and let him buy the car at cost (=without making a profit) .
5.) know/find out/learn etc sth to your cost
to realize something is true because you have had a very unpleasant experience
Driving fast in wet conditions is dangerous, as my brother discovered to his cost!
count the cost atcount1 (10)
COLLOCATES for sense 1
pay the cost of something
meet/bear the cost (of something) (=pay for something)
cover the cost (of something) (=pay for all of something)
the cost of doing something
at a cost of $10/$100 etc
high/low cost
full/total cost
extra/additional cost
rising/escalating cost
at no extra cost (to somebody)
labour/transport/legal etc costs
running/operating costs (=what it costs to organize an event or run a business)
WORD CHOICE: cost, costs, price, charge, fee, fare
Use cost to talk about paying for services and activities, rather than objects : The total cost of the trip was under $500. |I worked out the cost of the repairs.
Your costs are the amount of money you have to spend in order to run a business or to do a particular activity : The shop was not making enough money to cover its costs.
Use price to mean the amount of money that you must pay for something in a place such as a shop or restaurant : We are cutting all our prices (NOT costs) by 50% for one day only! | We were shocked by the price of a cup of coffee in London.
A charge is the amount you have to pay to have a particular service or use something : For a small charge we will also make your hotel reservations.
A fee is the amount you have to pay to enter or join something : The gallery charges no entrance fee. |The fee for membership is £25 per year. It is also the amount you have to pay for a professional service |The lawyer explained her fees.
A fare is the amount you have to pay to travel somewhere by bus, train, plane etc : I need some money for my bus fare. | His parents paid his fare to Sydney.
cost 2
cost2 W2S1 v
[Date: 1300-1400; : Old French; Origin: coster, from Latin constare 'to stand firm, cost'; CONSTANT1]
1.) past tense and past participle cost [linking verb]
to have a particular price
A full day's activities will cost you £45.
His proposals could cost the taxpayer around £8 billion a year.
How much would it cost us to replace?
not cost sb a penny
(=cost nothing)
It won't cost you a penny for the first six months.
cost a (small) fortune/a pretty penny
(=have a very high price)
It's costing us a fortune in phone bills.
cost a bomb/a packet
BrE (=have a very high price)
What a fantastic dress. It must have cost a bomb!
Lighting can change the look of a room and needn't cost the earth (=have a price which is too high) .
Getting that insured is going to cost you an arm and a leg (=have a very high price) .
2.) cost sb their job/life/marriage etc
when something makes you lose your job etc
Joe's brave action cost him his life.
His strong stand on the issue could have cost him his job.
Bad management could be costing this club a chance at the title.
3.) cost sb dear/dearly
to make someone suffer a lot or to lose something important
A couple of missed chances in the first half cost them dear.
The scandal has cost Nicholson dearly.
4.) past tense and past participle costed [T usually passive]
to calculate the total price of something or decide how much the price of something should be
We'll get the plan costed before presenting it to the board.
5.) it will cost you
spoken used to say that something will be expensive
Tickets are available, but they'll cost you!

Dictionary of contemporary English. 2013.

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Look at other dictionaries:

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