Definition

1. Verb:

   • To spend: To use money or resources to pay for something, typically for a specific purpose or activity.
   • To incur costs: To cause an amount of money to be used or required.

2. Noun:

   • Cost: The amount of money that must be paid to acquire, produce, or maintain something.
   • Expense / Expenditure / Outlay: Money spent or the act of spending money, especially on business operations.

Usage Examples

• Verb:

  • Công ty chi phí nhiều cho nghiên cứu và phát triển. (The company spends a lot on research and development.)
  • Dự án này sẽ chi phí một khoản tiền lớn. (This project will incur a large sum of money.)

• Noun:

  • Chi phí sản xuất đã tăng. (The production cost has increased.)
  • Chúng tôi cần cắt giảm chi phí vận chuyển. (We need to cut down transport expenditures.)

Advanced Usage

• "Chi phí cơ hội" (Opportunity Cost): An economic term for the potential benefit that is given up when one alternative is chosen over another.

  • Chi phí cơ hội của việc đi học đại học là thu nhập bạn có thể kiếm được khi đi làm. (The opportunity cost of going to college is the income you could have earned by working.)

• "Chi phí phát sinh" (Incurred Costs / Additional Costs): Refers to costs that arise during the execution of a project or activity.

  • Chúng ta phải dự trù kinh phí cho các chi phí phát sinh. (We must budget for additional incurred costs.)

Variants and Related Words

• Chi phí đầu tư (n): Investment cost / capital expenditure.

  • Chi phí đầu tư ban đầu rất cao. (The initial investment cost is very high.)

• Chi phí sinh hoạt (n): Living cost / cost of living.

  • Chi phí sinh hoạt ở thành phố này rất đắt đỏ. (The cost of living in this city is very expensive.)

Synonyms

• Verb: To expend, to disburse.
• Noun: Price, fee, charge, overhead.

Related Idioms and Phrases

• "Chi phí vận hành" (Operating Costs): The ongoing expenses for running a system, business, or product.

  • Chi phí vận hành nhà máy chiếm 60% ngân sách. (The factory's operating costs account for 60% of the budget.)

• "Kiểm soát chi phí" (Cost Control): The practice of managing and regulating expenses.

  • Việc kiểm soát chi phí là yếu tố then chốt để có lợi nhuận. (Cost control is a key factor for profitability.)

verb

1. To spend
   • chi phí nhiều cho sản xuất
     to spend much on production
   • định mức về chi phí điện, nước, nguyên liệu
     to determine the level of spending on water, electricity and materials

noun

1. Spending, expenditure, outlay
   • giảm chi phí vận chuyển
     to cut down transport expenditures