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English definition of “cost”

cost

noun (MONEY SPENT)    /kɒst/ US  /kɑːst/
A2 [U] the amount of money needed to buy, do, or make something: When you buy a new computer, you usually get software included at no extra cost (= for no additional money). For many parents, two salaries are essential to cover the cost of (= pay for) school fees. The supermarket chain announced that it was cutting the cost (= reducing the price) of all its fresh and frozen meat. It's difficult for most people to cope with the rising cost of (= increasing price of) healthcare. I was able to buy the damaged goods at cost (= for only the amount of money needed to produce or get the goods, without any extra money added for profit).Costs and expenses costs [plural] the amount of money needed for a business or to do a particular job: We need to cut our advertising costs. The estimated costs of the building project are well over £1 million.Costs and expenses
(Definition of cost noun (MONEY SPENT) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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