WebSynonyms of cost. 1. a. : the amount or equivalent paid or charged for something : price. The average cost of a college education has gone up dramatically. b. : the outlay …
WebWhat is a basic definition of cost? Cost means a price that must be paid for something or a sacrifice. Cost is used as a verb to mean to require a payment or to cause the loss of …
Webcost noun (MONEY SPENT) 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 …
Web1. : the price of something : the amount of money that is needed to pay for or buy something. [count] The original cost [= price] of the house was $200,000. She attends …
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What is a Cost? - Definition | Meaning | Example - My Accounting …
WebDefinition: A cost is an expenditure required to produce or sell a product or get an asset ready for normal use. In other words, it’s the amount paid to manufacture a …
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Cost Accounting: Definition and Types With Examples
WebMar 9, 2023 · Cost accounting is an informal set of flexible tools that a company's managers can use to estimate how well the business is running. Cost accounting looks to assess the different costs of a...
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Operating Costs Definition: Formula, Types, and Real-World …
WebMar 17, 2022 · A fixed cost is one that does not change with an increase or decrease in sales or productivity and must be paid regardless of the company’s activity or performance. For example, a manufacturing...
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Cost of Capital: What It Is, Why It Matters, Formula, and Example
WebJun 13, 2022 · Cost of capital is a company's calculation of the minimum return that would be necessary in order to justify undertaking a capital budgeting project, such as building a new factory. The term...
