costing

Meanings

• Verb

  The act of determining or estimating the cost or expense of something.

  - "The company is in the process of costing a new project."
  - "Can you give me a costing for this repair?"

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Rhymes

Words rhyming with costing
costume , coasting , boasting

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Variants

List of all variants of costing that leads to same result
cost , costed , costing

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Etymology

origin and the way in which meanings have changed throughout history.

From Old French 'coster' meaning 'to border, to skirt' and later came to mean 'to surround with cost' or 'to determine the cost of'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Costing is also used in the context of historical reenactments and costumes.

2. The term 'costing' has been used in various forms of literature, including Shakespeare's 'Henry IV, Part 1'.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Budgeting: The process of creating a plan for spending and saving money over a specific period of time.

2. Pricing strategy: A methodology used by businesses to set prices for their products or services.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Costing is an essential concept in business and finance, helping organizations make informed decisions about resource allocation and pricing.

How to Memorize "costing"

1. visualize
   

   - Imagine a calculator or a spreadsheet when thinking about costing.
   - Visualize the process of adding up expenses to determine the total cost.

2. associate
   

   - Associate the word 'costing' with 'budgeting' or 'pricing'.
   - Think of costing as the process of finding out how much something costs.

3. mnemonics
   

   - C - Calculate, O - Expenses, S - Sum, T - Total, I - Income, N - Negotiate, G - Gain

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Memorize "costing" using Dictozo

The best and recommended way to memorize costing is, by using Dictozo. Just save the word in Dictozo extension and let the app handle the rest. It enhances the memorization process in two ways:

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