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What does costly mean?

Looking for the meaning or definition of the word costly? Here's what it means.

Adjective
  1. Of high cost; expensive.
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Examples
On top of the legal risks, reworking loans can be costly for master servicers.
New Year parties are no lesser occasions for gross merchandising, complete with lucky dips and costly gifts.
Faint Heart was a costly failure at Galway, going down by a length to Right Key, but was all at sea on the fast surface then.
As a self-supporting enterprise, space flight is far more costly than air travel.
He was reported to be battling depression, and had gone through a painful and costly divorce.
It's a very complicated, costly and time-consuming process and is not done haphazardly.

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