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Definition 1:
The price of something :the amount of money that is needed to pay for or buy something count noncount price.
Examples:
The original cost [=price] of the house was $200,000.
She attends college at a cost of $15,000 a year.
The average cost of raising a family has increased dramatically.
We offer services at a fraction of the cost of other companies.
Bringing/driving down the cost of computers = lowering/reducing the cost of computers
The person at fault in the accident is expected to bear the cost of repairs. [=is expected to pay for the repairs]
What’s the difference in cost?
We were able to update the room for very little cost. [=money, expense]
They believe that everyone should have access to adequate medical care, regardless of cost.
Definition 2:
An amount of money that must be spent regularly to pay for something (such as running a business or raising a family) usually plural see also cost of living.
Examples:
The cost of doing business in this area is high.
We need better cost control.
The company needs to do some cost cutting. [=needs to find ways to save money]
Production/manufacturing/operating costs
By keeping costs down, the company will make larger profits from its products.
The firm’s efforts to control costs
Those are just some of the hidden costs [=expenses] of owning a house.
The government covers most of the costs of the program. [=pays for most of the program]
The family’s medical costs have increased in the past year.
The company has tried to cut costs [=spend less money] in several areas.
Definition 3:
Something that is lost, damaged, or given up in order to achieve or get something noncount often used after at count To do something at all costs or (less commonly) at any cost is to do it even if you have to suffer, work very hard, lose everything you have, etc. .
Examples:
Winning the war, he believes, was worth the cost in lives.
They had won the battle, but at what cost? Far too many people had died.
He had achieved fame, but at a cost; he’d lost many friends and no longer talked to anyone in his family.
She completed the project on time but at the cost of her health. [=the work she did to complete the project on time damaged her health]
He always says what he thinks, even at the cost of hurting someone’s feelings.
What are the costs and benefits of the new law?
She was determined to win at all costs. [=no matter what]
Obscene language should be avoided at all costs. [=never use obscene words]
He is determined to preserve his reputation at any cost.
Definition 4:
The money used to pay for a court case .
Examples:
She was fined 50 dollars and ordered to pay court costs.
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