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Vocabulary Entry
costs
|noun • verb
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N
noun
The amount of money required to purchase something or the expenses incurred in the production of goods and services.
Example Sentences
"The costs of living in the city have increased dramatically."
"He calculated the costs involved in starting a new business."
"Higher costs can lead to increased prices for consumers."
V
verb
To require the payment of a specified amount; to have an expense.
Example Sentences
"The new smartphone costs more than the previous model."
"This project will cost us a significant amount of money."
"How much does the repair cost?"