costing

USKAWST-ing/ˈkɔstɪŋ/UKKOST-ing/ˈkɒstɪŋ/

Noun pluralcostings

2 meanings of costing

1
verb
Present participle of cost.
The shipping delays are costing the company millions in lost sales.
Hosting the conference ended up costing far more than anyone had budgeted.
Note
Two different jobs of the verb cost stand behind this -ing form. Most often something is costing someone money, time or suffering, and it can take two objects: the delays are costing the company millions. Less often a person is costing a project, meaning working out its price, and that use leads straight to the accountant's noun.
2
nouncountable or uncountable
The calculation or estimation of how much a process or product will cost.
Like a chef pricing every ingredient to decide what a dish should sell for.
The accountant prepared a detailed costing for the new product line.
Their initial costing turned out to be far too optimistic.
Similarestimate, valuation
Note
A planner's word for the working-out, not the amount itself. A cost is what something requires; a costing is the estimate that tries to predict it, which is why a costing can be optimistic or wrong. It is countable, so you prepare a costing, and a budget may rest on several costings.

costing is a form of cost

cost, verb: To have as a price; to require a specified payment in order to be bought or done. Full entry

Forms: cost also past tense, past participlecosts he/she/itcosting -ing form
Spelling: cost → costing: add -ing

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