For Costs we have terms and definitions in 3 topics. The topics are Business Process, Canadian Law and Legal.

Costs (Business Process)

The economic value of inputs and outputs for project activities, usually expressed in terms of cash paid. It is the cash equivalent value of project activities.

Costs (Canadian Law)

This is a term often used in judgments as in "the defendant will pay costs." When a person is condemned to "costs" it means that he has to pay all the court costs such as the fees for bringing the action, witness fees and other fees paid out by the other side in bringing the action to justice. A court can also condemn a losing party to "special costs" but this is considered punitive as it would include the other side's lawyer bill. The rule in most places is that "costs follows the event" which means that the loser pays. In most states, the court has the final say on costs and may decide not to make an order on costs.

Costs (Legal)

Monies necessarily expended in the course of a lawsuit, beginning with the docketing or filing fee, and may include service fees, witness fees, publication fees, deposition costs, etc.

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