splitting the cost

phrase
UK /ˈsplɪtɪŋ ðə kɒst/
US /ˈsplɪtɪŋ ðə kɔst/

Sharing the price of something equally with others.

We are splitting the cost of the pizza, so each of us pays five dollars.


OTHER MEANINGS

2. Dividing a total amount of money into smaller parts among people.

The roommates are splitting the cost of rent three ways.

3. Each person paying their own part of a group purchase.

After dinner, we agreed on splitting the cost instead of one person paying.

4. Sharing financial responsibility for a project or event.

The club is splitting the cost of new equipment among its members.