Meaning of the word cogs in English

What does cogs mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

cogs

UK /kɒɡz/

Noun

abbreviation for cost of goods sold: the costs directly related to producing goods, rather than overheads (= regular costs, such as rent and heating):

Example:
The company's gross profit margin, or sales minus COGS, rose from a year ago.
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