Meaning & use

on costs

noun·AdvancedBritishbusinessfinance

Last updated

UK/ˈɒn kɒsts/
US/ˈɑːn kɔːsts/

Meaning

  1. nounpluralBritishbusinessfinance

    Extra costs added to the basic price of something, such as taxes, insurance, or delivery charges.

    Grammar: Used as a plural noun; it usually follows words like plus, including, or cover.

    Patterns

    • plus on costs
    • cover on costs
    • on costs of something

    The price is £200 plus on costs such as insurance and delivery.

    Our budget must include the on costs of importing the raw materials.

    The contract says the buyer pays all on costs.

Common combinations

plus on costs
Tickets cost $50 plus on costs.
include on costs
The final bill will include on costs.
cover on costs
The grant does not cover on costs like shipping.
total on costs
We need to calculate the total on costs before signing.

Synonyms and how they differ

overheads
Overheads are regular running costs of a business, while on costs are extra charges added to a specific price.
surcharges
Surcharges are extra fees for a particular reason; on costs is a broader term for any added costs.

Word family

cost noun
The amount of money needed to buy or do something.
costly adjective
Expensive; causing you to spend a lot.

Commonly confused: on costs or oncost?

on costs vs oncost

Some writers spell it as one word 'oncost', but the plural 'on costs' is more common in British business English.

Practice

The quoted price is $1,000, ______ on costs such as tax and insurance.

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