“Cost” vs. “Spend”: What’s the Difference?
Jul 5, 2023
Engram
The difference between “cost” and “spend”
- While both "cost" and "spend" involve the use of resources, "cost" primarily focuses on the monetary or negative consequences associated with acquiring something; whereas "spend" emphasizes the act of using resources on an activity or purpose.
- "Cost" is often used to express the price or expense of obtaining something, while "spend" is used to describe the act of using resources, such as money or time, to engage in an activity.
- "Spend" is more versatile and can be used with various types of resources, including money, time, and effort; whereas "cost" is primarily associated with monetary or negative implications.
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What is the definition of “cost” and “spend”?
Cost
- "Cost" is a noun or a verb that refers to the amount of money or resources required to acquire or produce something.
- It can represent the price or expense associated with purchasing or obtaining goods or services.
- "Cost" can also refer to the negative consequences or sacrifices incurred in terms of time, effort, or opportunities.
Spend
- "Spend" is a verb that means to use or consume money, time, or resources on a particular activity or purpose.
- It refers to the action of disbursing or investing resources to acquire goods, services, or experiences.
- "Spend" can also indicate the passage of time or the utilization of effort on an action or task.
Which is the more popular variant on the Internet?
“Cost” is the more popular variant on the web.
More popular
Cost
2,830,000,000 results on the web
Examples
- The cost of living in this city is too high for me.
- We need to consider the cost of production before setting a price for our product.
- The cost of the repair work was much higher than we had anticipated.
Spend
1,360,000,000 results on the web
Examples
- I can't believe you spend so much money on clothes every month.
- We decided to spend our holiday in the mountains this year.
- He likes to spend his weekends playing video games.
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