Meaning of the word costing in English
What does costing mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
costing
US /ˈkɑː.stɪŋ/
UK /ˈkɒs.tɪŋ/
Noun
the process of estimating the cost of a product, service, or project
Example:
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The company needs to improve its costing methods to remain competitive.
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Accurate costing is crucial for setting product prices.
Verb
present participle of 'cost'
Example:
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The new system is costing the company a lot of money.
•
The delay is costing us valuable time.
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