Meaning & use

costed

verb·Academic

Last updated

Calculated or estimated the cost of a project, plan, or piece of work, the past tense of "cost" used in this business sense.

See it in a sentence

The engineering team costed the renovation before submitting the proposal to management.

Once the new packaging was costed, the company realized it would raise prices slightly.

A note on using this word

This transitive use of "cost" (meaning "to estimate the cost of") is standard in British business English; American English more often uses "estimated the cost of" instead.

Words with a similar meaning

pricedestimated

Choose a synonym to suit the sentence. Meanings can overlap without being identical.

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