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Cost |
Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia, Hutchinson | 0.02 sec. |
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Cost The opposite of revenue. An expense that reflects the price of purchasing goods, services and financial instruments. A cash cost means that cash is given up today to the purchase. Also, the purchase price of an investment, which is compared to the sale proceeds to determine capital gain or loss.
Cost The amount of money or property paid for a good or service. Cost is an expense for both personal and business assets. If a cost is for a business expense, it may be tax deductible. A cost may be paid immediately in the form of cash or over time in a credit sale or similar transaction. Cost is the opposite of revenue: It may be thought of as money spent instead of made. Cost Cash and/or the value of property given to acquire the property received. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Of course, storage won't pay at all and may cost dearly in years where the markets move lower after harvest and the producer just stores but doesn't place a "storage hedge. It was their inability to overcome such setbacks that cost dearly. 2) Fines levied by government agencies: As a number of nursing homes have learned, noncompliance with regulations related to cleanliness, safety and infection control can cost dearly. |
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