costs
Definition
- Noun (plural): The expenses or charges incurred, especially those associated with a legal proceeding. In law, it specifically refers to the sum of money awarded by a court to the successful party to compensate for the expenses of litigation.
Usage
- The word "costs" is used as a plural noun. It refers to the monetary outlay required for something, with a specific legal meaning.
- In a legal context, it is often used in phrases like "award costs," "order to pay costs," or "costs of the action."
Examples
General/Financial Context:
- The company is trying to reduce its operating costs.
- We need to calculate the production costs before setting a price.
Legal Context:
- The judge ordered the defendant to pay the plaintiff's legal costs.
- The court awarded costs to the winning party.
Advanced Usage
- "at all costs": A common idiom meaning "regardless of the expense or effort involved; by any means necessary."
- We must protect the environment at all costs.
- "to one's cost": An idiom meaning "as one has learned from unpleasant experience."
- He discovered, to his cost, that driving without insurance is very risky.
Variants and Related Words
- Cost (noun, singular): The price paid or required to acquire, produce, or maintain something.
- The cost of the new software is high.
- Cost (verb): To require a specified payment or sacrifice.
- How much does this book cost?
- Costly (adjective): Expensive; involving great loss or sacrifice.
- It was a costly mistake.
Synonyms
- Expenses: Money spent.
- Charges: Prices asked for goods or services.
- Fees: Payments made for professional services.
- Disbursements (Legal): Payments made, especially from a fund.
Antonyms
- Savings: Reductions in expenditure or amounts saved.
- Income: Money received.
Related Phrases (Phrasal Verbs)
Note: "Costs" as a noun does not form phrasal verbs. The related verb "cost" forms phrasal verbs. - Cost out (verb): To calculate the total cost of a project or plan. - We need to cost out the entire renovation before we begin. - Cost in (verb): To include something as part of a total cost calculation. - Don't forget to cost in delivery charges.
Related Idioms
- Count the cost: To consider the negative consequences of an action.
- He didn't count the cost of his reckless spending and is now in debt.
Noun
-
pecuniary reimbursement to the winning party for the expenses of litigation
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