One of the major tasks of business is the valuation of: goods, services, Business English is quite fine sends a variety of monetary relations. Price word means "the amount of money for which something is proposed for sale or purchased. For example: What is the price for this house? Note that the word price is used as a noun. Appropriate verb – cost: How much this house cost? That is, it's the same thing What is the price of this house? In such cases, cost more airtime than the price. Occasionally uses the cost of the same meaning that price, that is, as a noun: If you buy more than ten items we will reduce the cost of each item by 10%. More likely to say the word cost in a somewhat different context, when they want to say about the amount of money necessary for the production of something, or for any process or providing services: $ 200 will hardly cover the cost of the materials. The cost of training doctors is limited by the state.
Both these words occur in the expression of cost price: They bought the equipment by the cost price. The business English it means "at cost", "no retail price." When people say The cost of living rises, then we have in mind that prices (prices) go up. Cost also appears, for example, proposals such as: Careless driving costs lives. His son's behavior cost him many sleepless nights. He saved the child's life at the cost of his own.
Value means the amount of money for which something can offer to sell or buy, although it is not currently for sale : I paid him $ 5 for the book but its real value must be at least $ 10. In the business English, we often have to hear how to compare the cost (value) with the amount of money paid for a given object – is good value, poor value, and value for money: These presentations were very good value. Thus, value is not associated with money, but only with the assessment. The word means "the degree of usefulness of something : Her advice was of great value to us. Value is also used as a verb. We can distinguish these separate meanings: "to have a high opinion of, is considered a valuable: I value their friendship very much; to evaluate in monetary equivalent: The building was valued at $ 10,000. Finally, the study Business English is necessary to note occurrences of words worth. Mainly it is used as an adjective with the verb to be, meaning "to have a certain value: We paid $ 5,000 for our house in 1972 but now it is worth at least $ 25,000. Worth appears frequently with the gerund: The book is well worth reading. It's not worth worrying about. Worth as a noun usually refers to money: During my illness I realized my friend's true worth. As they say, is not always in money luck. The article draws Jane Povey. Get It Right