What Is The Cost Of Living Index Mean

What Is The Cost Of Living Index Mean The meaning of COST is the amount or equivalent paid or charged for something price How to use cost in a sentence

Definition A cost is an expenditure required to produce or sell a product or get an asset ready for normal use In other words it s the amount paid to manufacture a product purchase inventory Definition of cost noun in Oxford Advanced Learner s Dictionary Meaning pronunciation picture example sentences grammar usage notes synonyms and more

What Is The Cost Of Living Index Mean

What Is The Cost Of Living Index Mean

What Is The Cost Of Living Index Mean
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Aug 17 2025 nbsp 0183 32 The past tense and past participle is cost in the sense of quot this computer cost me 163 600 quot but costed in the sense of calculated quot the project was costed at 1 million quot Cost refers to the amount of money or resources spent to produce or acquire a product service or carry out an activity It may include expenses related to labor materials production

Something other than money that is used up Example quot Going to jail cost 5 years of my life quot This usage is a metaphor Cost function Cost of living the amount of money it costs just to live in a The price paid to acquire produce accomplish or maintain anything the high cost of a good meal an outlay or expenditure of money time labor trouble etc

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Jun 8 2023 nbsp 0183 32 Read this article to learn about what cost is in accounting how it works and how it is calculated Also look at some examples of cost Cost is the monetary value of goods and services purchased by producers and consumers For example a consumer typically equates cost with the price of a good such as a loaf of bread a

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