atcost price.•They willretailatcost price,plus£5 which goes to thecharity.•Luckyhe'd got itcost price, slightlysoiled, after theshoot.•Itscost priceperwidgetis $ 2, andinventorycarryingcostsare 20percentofaverageinventorylevel.•Theamountofprofitis thedifferencebetween thesellingprice ...
The meaning of COST is the amount or equivalent paid or charged for something : price. How to use cost in a sentence.
price 1 of 2 noun ˈprīs 1 : the quantity of one thing and especially money that is exchanged or demanded in exchange for another 2 : reward entry 2 sense 1 a price on an outlaw's head 3 : the cost at which something is gotten or done victory at any price price 2 of ...
Price, charge, cost, expense refer to outlay or expenditure required in buying or maintaining something. Price is used mainly of single, concrete objects offered for sale; charge, of services: What is the price of that coat? There is a small charge for mailing packages. Cost is mainly a ...
Cost definition: the price paid to acquire, produce, accomplish, or maintain anything. See examples of COST used in a sentence.
Shadow price The shadow price is the extra contribution or profit that may be earned if one more unit of a binding resource or limiting factor becomes available. It can be used to inform managers of the maximum price that should be paid for more of a scarce resource over and above the ba...
Market price is the current cost of any product or service. And it is, by definition, a moving target. In any free market economy, market price is determined by supply and demand. Changes in either of those factors will cause market price to increase or decrease....
1 of 2 nounˈkȯst Synonyms of cost 1 a : the amount or equivalent paid or charged for something : price The average cost of a college education has gone up dramatically. b : the outlay or expenditure (as of effort or sacrifice) made to achieve an object He achieved fame,...
The meaning of CHEAP is charging or obtainable at a low price. How to use cheap in a sentence.
Lifetime cost is also referred to as whole-life cost, life cycle cost, or total cost of ownership. Lifetime costs can greatly exceed an item's purchase price, making them important to consider in the purchasing decision. Opportunity cost refers to what a consumer or business might have gaine...