See Also: ADVANTAGEOUSNESS, THRIFT
An update of Horace Walpole’s simile above, inspired by a change in both economic conditions and the upgraded status of old clothes.
(See also PAYMENT.)
an arm and a leg An exorbitant amount of money; a popular American hyperbole.
bleed See EXTORTION.
for a song Cheaply, inexpensively, at low cost, for little or nothing. A song meaning ‘a trifle or thing of no consequence’ may stem from the supposed retort of Baron Burleigh on being ordered by Elizabeth I to give Edmund Spenser an annuity of 100 pounds for having composed the Faerie Queene:
All this for a song?
In any event, a song as an insignificance dates from Elizabethan times, for Shakespeare uses it in this sense in All’s Well That Ends Well (1601).
for love or money At any price; by any means available. This phrase is most frequently used in the negative expression not for love or money to imply that someone or something is unobtainable at any price—either financial or emotional.
He let me … use … Anglo-Saxon texts not elsewhere to be had for love or money. (Francis March, A Comparative Grammar of the Anglo-Saxon Language, 1870)
highway robbery Exorbitantly or outrageously high prices. The allusion is to highwaymen, the holdup men of yesteryear who roamed the public roads robbing travelers. This expression is often used to express indignation at ridiculously high prices which one is nevertheless forced to pay for lack of an alternative, just as the victims of highwaymen had no choice but to surrender their money and goods at the risk of their lives. The expression has been in figurative use since at least 1920.
Nothing on the wine list … under two-pound-ten. Highway robbery by candlelight. (J. B. Priestley, It’s Old Country, 1967)
pay through the nose To pay an exorbitant price, financially or otherwise, unwittingly or through coercion. Many variations on one story line are cited as sources for this expression. The most popular is that the Danes in the 9th century imposed a “nose tax” on the Irish. Those who neglected to pay were punished by having their noses slit. Some say the Swedes or Norwegians were the oppressors. Others say the Jews rather than the Irish were the oppressed. However, pay through the nose derives from the punishment, irrespective of who inflicted the punishment on whom. The phrase was used as early as 1672 and is commonly heard today, often implying an unawareness or naiveté on the part of the person “paying through the nose.”
pay too dearly for one’s whistle To pay more for some desired object than it is worth; to expend a great deal of time, effort, or money for something which does not come up to one’s expectations; to indulge a whim. This expression is based on Benjamin Franklin’s The Whistle (1799), which tells of his nephew’s wanting a certain whistle so much that he paid its owner four times its value. As soon as the whistle had been acquired, however, it lost its appeal of the unattainable, leaving the boy disappointed with his purchase.
If a man likes to do it he must pay for his whistle. (George Eliot, Daniel Deronda, 1876)
The price or cost of something is the amount of money you must pay to buy it.
You can also use cost to refer to the amount of money needed to do or make something.
Be Careful!
Don't use 'price' in this way. Don't say, for example, 'The price of raising a child is very high.'
You use the plural noun costs when you are referring to the total amount of money needed to run something such as a business.
You use cost as a verb to talk about the amount of money that you must pay for something.
You can use cost with two objects to say how much money someone pays for something on a particular occasion. The past tense and -ed participle of cost is cost.
Be Careful!
Don't use 'to' after cost in a sentence like this. Don't say, for example, 'How much did that haircut cost to you?'
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Noun | 1. | ![]() disbursal, disbursement, expense - amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures) capital expenditure - the cost of long-term improvements payment - a sum of money paid or a claim discharged ransom, ransom money - money demanded for the return of a captured person cost overrun - excess of cost over budget; "the cost overrun necessitated an additional allocation of funds in the budget" cost of living - average cost of basic necessities of life (as food and shelter and clothing); "a rise in the cost of living reflects the rate of inflation" borrowing cost - the cost of borrowing something distribution cost - any cost incurred by a producer or wholesaler or retailer or distributor (as for advertising and shipping etc) handling charge, handling cost - the cost of handling (especially the cost of packaging and mailing an order) marketing cost - the cost of marketing (e.g., the cost of transferring title and moving goods to the customer) production cost - combined costs of raw material and labor incurred in producing goods replacement cost - current cost of replacing a fixed asset with a new one of equal effectiveness physical value, reproduction cost - cost of reproducing physical property minus various allowances (especially depreciation) unit cost - calculated cost for a given unit of a product price, terms, damage - the amount of money needed to purchase something; "the price of gasoline"; "he got his new car on excellent terms"; "how much is the damage?" price - cost of bribing someone; "they say that every politician has a price" opportunity cost - cost in terms of foregoing alternatives portage - the cost of carrying or transporting charge - the price charged for some article or service; "the admission charge" |
2. | ![]() value - the quality (positive or negative) that renders something desirable or valuable; "the Shakespearean Shylock is of dubious value in the modern world" average cost - total cost for all units bought (or produced) divided by the number of units differential cost, incremental cost, marginal cost - the increase or decrease in costs as a result of one more or one less unit of output expensiveness - the quality of being high-priced assessment - the market value set on assets inexpensiveness - the quality of being affordable | |
3. | ![]() value - the quality (positive or negative) that renders something desirable or valuable; "the Shakespearean Shylock is of dubious value in the modern world" death toll - the number of deaths resulting from some particular cause such as an accident or a battle or a natural disaster | |
Verb | 1. | ![]() be - have the quality of being; (copula, used with an adjective or a predicate noun); "John is rich"; "This is not a good answer" |
2. | cost - require to lose, suffer, or sacrifice; "This mistake cost him his job" necessitate, need, require, call for, demand, postulate, involve, ask, take - require as useful, just, or proper; "It takes nerve to do what she did"; "success usually requires hard work"; "This job asks a lot of patience and skill"; "This position demands a lot of personal sacrifice"; "This dinner calls for a spectacular dessert"; "This intervention does not postulate a patient's consent" |