Keyword Analysis & Research: cost

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What is the definition of cost?

Definition of cost. (Entry 1 of 2) 1a : 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, but at the cost of losing several friends.

What is cost price?

Cost price is the total amount of money that it costs a manufacturer to produce a given product or provide a given service.

What is transportation cost?

transportation cost. The expenses involved in moving products or assets to a different place, which are often passed on to consumers. For example, a business would generally incur a transportation cost if it needs to bring its products to retailers in order to have them offered for sale to consumers.

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