When cost and price refer to an amount we pay for something, they are virtually interchangeable. For example, the phrase the total cost is $27 is the same as the total price is $27. You can also say, we couldn’t afford the cost of a new car or the price of a new car. Price ...
What is a basic definition ofcost? Costmeans a price that must be paid for something or a sacrifice.Costis used as a verb to mean to require a payment or to cause the loss of something.Costhas several other senses as a noun and a verb. ...
The meaning of DOLLAR COST AVERAGING is investment in a security at regular intervals of a uniform sum regardless of the price level in order to obtain an overall reduction in cost per unit —called also dollar averaging.
The meaning of COST is the amount or equivalent paid or charged for something : price. How to use cost in a sentence.
“Her duties being to talk French, and her privileges to live cost free and to gather scraps of knowledge.” Thackeray.Webster 1828 EditionCost COST, Noun. [See the Verb.] 1. The price, value or equivalent of a thing purchased; the amount in value paid, charge or engaged to be paid...
Define ACOST. ACOST synonyms, ACOST pronunciation, ACOST translation, English dictionary definition of ACOST. tr.v. ac·cost·ed , ac·cost·ing , ac·costs 1. To approach and speak to, especially aggressively or insistently, as with a demand or request.
Britannica Dictionary definition of COST [+ object] 1 a:to have (an amount of money) as a price ◊ If somethingcostsa certain amount of money, you have to pay that amount of money in order to buy it, use it, or do it.
cost price(noun) cost pricenoun Britannica Dictionary definition of COST PRICE [noncount]British :the amount of money that is needed to make or get something that you are going to sell The company has agreed to sell the vaccineat cost price. [=(US)at cost] ...
Historical cost is the price that was paid for an asset when it was purchased. Historical cost is a fundamental basis in accounting because it's often used in the reporting of fixed assets. It's also used to determine the basis of potential gains and losses on the disposal of fixed assets...
What Is a Simple Definition of Opportunity Cost? The term refers to the hidden cost associated with not taking an alternative course of action. What Is an Example of Opportunity Cost in Investing? Consider a young investor who decides to put $5,000 into bonds each year and dutifully does so...