cost

Expense; price. The sum or equivalent expended, paid or charged for something.
See also actual cost
- costing
- cost bond
- unit cost
@ cost accounting
The area of accounting which focuses on the method and system used to compile and analyze the costs of selling and manufacturing products. It includes the method for classifying, summarizing, recording, reporting, and allocating the actual costs incurred and comparing them with the standard costs established. Areas of cost accounting include: job order, process, direct, and standard costing
@ cost basis
In accounting, the cost basis of an asset is the amount paid for the asset in cash or property. The value placed on an asset in a financial statement in terms of its cost; used in determining capital gains or losses
@ cost contract
@ cost depletion
In accounting and taxation, depletion computed in oil production without reference to discovery or percentage depletion. Magale v. U. S., 118 Ct.Cl. 183, 93 F.Supp. 1004
@ cost of completion
Measure of damages in breach of contract claim or action.
@ imputed cost
A value expressing cost which is derived from or based on factors other than actual cost records; estimated costs.
@ marginal cost
The increase or decrease in total cost that materializes as a result of a variation in output.
@ unit cost
Cost of a single unit of product or service. Total cost divided by number of units.
@ cost and freight
Quoted sales price includes cost of goods and freight but not insurance or other special charges
@

Black's law dictionary. . 1990.

Synonyms:

Look at other dictionaries:

  • cost — n 1: the amount or equivalent paid or charged for something 2 pl: expenses incurred in litigation; esp: those given by the law or the court to the prevailing party against the losing party Merriam Webster’s Dictionary of Law. Merriam Webster.… …   Law dictionary

  • Cost — (k[o^]st; 115), v. t. [imp. & p. p. {Cost}; p. pr. & vb. n. {Costing}.] [OF. coster, couster, F. co[^u]ter, fr. L. constare to stand at, to cost; con + stare to stand. See {Stand}, and cf. {Constant}.] 1. To require to be given, expended, or laid …   The Collaborative International Dictionary of English

  • COST — Saltar a navegación, búsqueda Programa Internacional de Cooperación Europea en el Campo de la Investigación Científica y Técnica (COST). (European COoperation in the field of Scientific and Technical Research) El COST fue creado en 1971… …   Wikipedia Español

  • cost — [kôst, käst] vt. cost, costing [ME costen < OFr coster < ML costare < L constare, to stand together, stand at, cost < com , together + stare, to STAND] 1. a) to be obtained or obtainable for (a certain price); be priced at b) to cause …   English World dictionary

  • cost — ► VERB (past and past part. cost) 1) require the payment of (a specified sum) in order to be bought or obtained. 2) involve the loss of: his heroism cost him his life. 3) (past and past part. costed) estimate the cost of. ► NOUN 1) an amount …   English terms dictionary

  • Cost — Cost, n. [OF. cost, F. co[^u]t. See {Cost}, v. t. ] 1. The amount paid, charged, or engaged to be paid, for anything bought or taken in barter; charge; expense; hence, whatever, as labor, self denial, suffering, etc., is requisite to secure… …   The Collaborative International Dictionary of English

  • cost — cost; cost·ful; cost·less; cost·li·ness; cost·ly; cost·mary; pen·te·cost; ac·cost; …   English syllables

  • COST — Logo der Europäischen Wissenschaftsstiftung (ESF) COST Log …   Deutsch Wikipedia

  • cost — [n1] expense; price paid amount, arm and a leg*, bad news*, bite*, bottom dollar*, bottom line*, charge, damage*, disbursement, dues, expenditure, figure, line, nick*, nut*, outlay, payment, price, price tag, rate, score*, setback*, squeeze*, tab …   New thesaurus

  • còst — cost, couest m. , còsta costo, couesto f. coût; dépense; frais. A tot còst : à tout prix. A còst de : sous peine de, au prix de …   Diccionari Personau e Evolutiu

  • Cost — (k[o^]st; 115), n. [L. costa rib. See {Coast}.] 1. A rib; a side; a region or coast. [Obs.] Piers Plowman. [1913 Webster] Betwixt the costs of a ship. B. Jonson. [1913 Webster] 2. (Her.) See {Cottise}. [1913 Webster] …   The Collaborative International Dictionary of English

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