Costed
Definitions
- (v.) Past tense and past participle of cost, referring to the calculation of total expenses or valuation in contexts such as accounting and legal financial assessments.
The company costed the project before submitting the bid.
Related terms
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Commentary
The term 'costed' is primarily a morphological variant of 'cost' used in financial contexts; legal usage pertains to accounting for expenses in transactions and litigation costs.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.