This is the 757th most frequent Icelandic word.
kostnaður
"Cost" or "expense."
Here, 'kostnaður' is used in the context of financial expense related to the project.
Kostnaðurinn við nýja verkefnið var mikill.
The cost of the new project was significant.
Here, 'kostnaður' is used to describe the general trend of increasing expenses over time.
Kostnaður hefur hækkað verulega á undanförnum árum.
The cost has increased significantly in recent years.
In this sentence, 'kostnaður' refers to the potential expense associated with an option.