costing
word · lemma: cost
Definition
The process or method of calculating how much something costs, especially in business or production. It can also mean the act of causing an expense.
Usage & Nuances
Mainly used in business, accounting, and production contexts. 'Costing' can be a noun ('costing system') or the present participle of 'cost' (e.g., 'is costing too much'). In finance, refers to systematic expense calculation. Often confused with 'pricing' (setting the selling price).
Example Sentences
The costing of the project was finished last week.
basic
Costing is important when starting a new business.
basic
The machine is costing us too much money to repair.
basic
"We need to redo the costing—these numbers are way off," said the manager.
natural
Traveling during the holidays is costing more than usual this year.
natural
I'm glad we did a detailed costing before launching the product.
natural