Price was first recorded around 1175–1225 and derives (as a noun) from the Latin word pretium (“price, value, worth”), just like the word precious. Synonyms for price include amount, cost, expenditure, expense, and pay. When cost and price refer to an amount we pay for something, ...
Real-life examples: Stores will use price tags to tell customers how much itemscost. A hotel in Monopolycostsfour houses and some extra money. A parent may tell their child that a piece of cakecostsa hug. Used in a sentence:The new computer costs $800. ...
Definition of cost price noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
1. 'price' and 'cost' The price or cost of something is the amount of money you must pay to buy it. The price of oil doubled in a few months. They are worried about the rising cost of food. You can also use cost to refer to the amount of money needed to do or make something...
The meaning of COST is the amount or equivalent paid or charged for something : price. How to use cost in a sentence.
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.
Price and cost are the terms that are frequently used and mentioned in the context of revenue, i.e., sales. They are used interchangeably in our normal day-to-day conversation, but when it comes to economics or business, each term takes on a separate meaning and must not be perplexed by...
cost price meaning, definition, what is cost price: the price that someone pays for somethin...: Learn more.
The meaning of COST is the amount or equivalent paid or charged for something : price. How to use cost in a sentence.
Cost based pricing is one of the pricing methods of determining the selling price of a product by the company, wherein the price of a product is determined by adding a profit element (percentage) in addition to the cost of making the product. It uses man