1. calculations or estimates of the cost of producing something or carrying out a project
Usage: usually plural; common in business and project management contexts

Examples

• The project manager reviewed the costings before submitting the proposal to the client.
• We need detailed costings for materials, labor, and overhead before we can finalize the budget.
• The contractor provided several different costings based on various construction methods.
• Accurate costings are essential for determining whether a business venture will be profitable.
• The finance team adjusted the costings after discovering unexpected expenses.
• Our costings show that the renovation will cost approximately $50,000.