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costing

Line breaks: cost|ing
Pronunciation: /ˈkɒstɪŋ
 
/

Definition of costing in English:

noun

(often costings)
1The proposed or estimated cost of producing or undertaking something: he obtained costings for manual keyboarding of the records
More example sentences
  • ‘We have presented all our costings to the regulator and he will make a determination thereafter,’ the spokesman said.
  • Brochures and costings are to be obtained with the possibility of new equipment being provided on the play area.
  • We will then be able to present some options with costings.
1.1 [mass noun] The process of calculating a costing: detailed costing can make the difference between an excellent idea and a ruinous one
More example sentences
  • Target costing is a process of determining a maximum allowable cost for a product by subtracting a desired profit from the product's market price.
  • We take firms through a process called activity-based costing.
  • Energy modeling and lifecycle costing can give facility executives a solid idea of the costs and benefits associated with their choices before a facility is built.

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