The meaning of cost is the amount of money, time and resources it takes to produce an outcome; whether it be money gained, or to have a certain project done.2 people found this useful. low-cost airline is generally an airline operating aircrafts with  only on class, usually economy. Also low-cost airlines offer lower  fares than legacy, or holiday carrie â¦ rs hence the name low-cost.  Most low-cost airlines operate fleets mostly consisting of Boeing  737's or Airbus A320 series aircrafts.
Though personal loans are not tax deductible, other types of loans are tax deductible. Interest paid on mortgages, student loans and business loans can be deducted on your annual taxes, effectively reducing your taxable income for the year. However, certain criteria must be met to qualify for the above deductions.
When you start repaying a student loan, you cannot claim a deduction for your entire payment; however, you can deduct the portion that covers your interest charges. Knowing what interest you can deduct and how to report it on your income taxes can reduce the amount of tax you pay at the end of the year.f you pay less than $600, you can still claim the deduction, but you will have to consult your records or contact your lender to find out exactly how much interest you paid. Although the annual deduction limit is subject to change, in 2010 you can deduct up to $2,500 of student loan interest payments.