Dictionary

costly

adjective cost·ly \ˈks(t)-lē\

: having a high price : costing a lot

: causing people to lose something or to suffer

cost·li·ercost·li·est

Full Definition of COSTLY

1
a :  commanding a high price especially because of intrinsic worth <costly gems>
b :  rich, splendid
2
:  made or done at heavy expense or sacrifice <a costly mistake>
cost·li·ness noun
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First Known Use of COSTLY

14th century

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

Rhymes with COSTLY

COSTLY Defined for Kids

costly

adjective cost·ly \ˈkst-lē\
cost·li·ercost·li·est

Definition of COSTLY for Kids

1
:  having a high price or value :  expensive
2
:  causing loss or suffering <a costly mistake>

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