Children's, Intermediate and Advanced Online English Dictionary & Thesaurus

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cost accounting an accounting system in which all costs of production and distribution are itemized and allocated, as to various products.
cost of living the average cost of food, shelter, clothes, and other basic necessities for a household or a single person.
cost-effective producing optimum results for the amount spent; efficient or economical.
cost-of-living determined by, or adjusted to, changes in the cost of living.
cost-plus the sum of the actual costs of manufacture and a previously fixed profit. [2 definitions]
cost-push of or denoting the situation in which higher costs of production cause higher retail prices. (Cf. demand-pull.)
low-cost not expensive; available at a low price or cost.