Meaning of the word costing in English

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

costing

US /ˈkɑː.stɪŋ/
UK /ˈkɑː.stɪŋ/

Noun

1.

a calculation of the future cost of something such as a possible product:

Example:
We'll need accurate costings before we can agree to fund the project.
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