ˌcost of goods ˈsold (abbreviation COGS) (also ˌcost of ˈsales) noun [uncountable] (Accounting 会计) the total amount of money that a business spends on obtaining and producing the goods that it sells in a particular accounting period, for example the cost of raw materials, ...
There have also been reports of dangerous electric devices being sold online which claim to save money on energy bills – consumer safety charity Electrical Safety First recently tested some of these products and found that they all failed basic safety tests, posing the risk of fire or electric ...