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.
Points are prepaid interest and may be deductible as home mortgage interest, if you itemize deductions on Form 1040, Schedule A (PDF), Itemized Deductions. If you can deduct all of the interest on your mortgage, you may be able to deduct all of the points paid on the mortgage. If your acquisition debt exceeds $1 million or your home equity debt exceeds $100,000, you can't deduct all the interest on your mortgage and you can't deduct all your points. See Publication 936, Home Mortgage Interest Deduction, to figure your deductible points in that case.