Surprisingly, yes. Here is the dictionary definition. It may not mean what you think it does though.
cost |kst| verb ( past and past part. cost ) [ trans. ] 1 (of an object or an action) require the payment of (a specified sum of money) before it can be acquired or done : each issue of the magazine costs $2.25. ? cause the loss of : driving at more than double the speed limit cost the woman her driving license. ? involve (someone) in (an effort or unpleasant action) : the accident cost me a visit to the doctor. ? informal be expensive for (someone) : if you want to own an island, it'll cost you. 2 ( past and past part. costed) estimate the price of : it is their job to plan and cost a media schedule for the campaign. noun an amount that has to be paid or spent to buy or obtain something : we are able to cover the cost of the event | health care costs | the tunnel has been built at no cost to the state. ? the effort, loss, or sacrifice necessary to achieve or obtain something : she averted a train accident at the cost of her life. ? ( costs) legal expenses, esp. those allowed in favor of the winning party or against the losing party in a suit. PHRASES at all costs (or at any cost) regardless of the price to be paid or the effort needed : he was anxious to avoid war at all costs. at cost at cost price; without profit to the seller. cost an arm and a leg see arm 1 . cost someone dearly (or dear) involve someone in a serious loss or a heavy penalty : they were really bad mistakes on my part and they cost us dearly. ORIGIN Middle English : from Old French coust (noun), couster (verb), based on Latin constare ?stand firm, stand at a price.?