How Do You Spell LOWCOST?

Pronunciation: [lˈə͡ʊkɒst] (IPA)

The word "lowcost" is commonly used to describe products or services that are affordable or budget-friendly. Its correct spelling uses the phonetic transcription /loʊkɑst/. The first syllable "low" is pronounced as in the word "low", while the second syllable "cost" is pronounced as in "cost". It is important to note that the common misspelling "low cost" with a space is grammatically incorrect and should always be written as one word without a space for accuracy.

LOWCOST Meaning and Definition

1. Low-cost refers to something that is inexpensive or relatively cheap in price. It is a term commonly used to describe products, services, or systems that are available at a lower price point compared to similar alternatives.

   In the context of businesses, low-cost strategies involve minimizing expenses and overheads in order to offer goods or services at a more affordable rate. This often includes cutting unnecessary costs, streamlining operations, and finding innovative ways to deliver value while keeping prices down. Companies that employ low-cost strategies seek to attract customers who prioritize affordability over other factors.

   In the domain of travel and tourism, low-cost airlines or airlines operating under a low-cost carrier (LCC) model offer air travel at a reduced fare compared to traditional full-service airlines. These airlines focus on cost efficiency, often by reducing services like in-flight meals or charging for extra amenities in order to keep ticket prices low.

   In the consumer market, low-cost products typically cater to budget-conscious consumers who seek value for money. These products are often manufactured with cheaper materials or simpler features to reduce production costs and offer savings to the buyers.

   Overall, the term "low-cost" conveys the idea of affordability, aiming to provide access to goods, services, or systems that are priced reasonably and can be accessible to a broader range of consumers.

Common Misspellings for LOWCOST

• lOWCAST
• kowcost
• powcost
• oowcost
• liwcost
• lkwcost
• llwcost
• lpwcost
• l0wcost
• l9wcost
• loqcost
• loacost
• loscost
• loecost
• lo3cost
• lo2cost
• lowxost
• lowvost
• lowfost
• lowdost

Etymology of LOWCOST

The word "lowcost" is a compound formed by combining the words "low" and "cost".

The word "low" originated from the Old English word "lāh", which meant "not high or elevated". It has Germanic roots and shares a common ancestry with related words in other Germanic languages.

The word "cost" can be traced back to the Old French word "coste", which meant "rib" or "side". Over time, it came to refer to the price or expense of something. It ultimately originated from the Latin word "costa", which also meant "rib".

When these two words are combined, "lowcost" refers to something that has a low price or is inexpensive.