Definition

The estimation of how much money is needed for a process or product.

Example

The costing of the new project was higher than expected.

Conversation

Have you seen the costing for the new project yet?

Not yet, but I heard it's a bit higher than expected.

Yeah, I was surprised when I looked at the numbers myself.

Same here. We really need to discuss how to manage those costing issues.

Synonyms & Antonyms

Definition

To require a certain amount of money to be paid for something.

Example

The new car is costing me a lot of money each month.

Tense Forms

Conversation

Have you seen the new phone model?

Yeah, but it's really costing a lot more than the last one.

I know! I can't believe how much they keep raising the prices.

Root Explanation

Costing → It is formed from "cost" (from Old French *coste*, meaning expense or price) and "-ing" (a suffix used to form nouns indicating an action or process). The word "costing" refers to the process of determining the expense or price of something.

Memory Tip

Think of the word 'cost' which relates to expense, and remember that 'costing' is the process of figuring out that expense.

Visually Confused Words