ciunkos.com/Glossary

Production and cost

Tokens

The pieces of text models read and write, and the unit you pay for.

A token is roughly a word piece; languages other than English often need more tokens for the same text. Input and output are priced separately, output usually several times higher. Reasoning a model does before answering is billed as output.

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Related terms

  • Context window: The maximum number of tokens the model can read and write in one request.
  • Prompt caching: Reusing an identical prompt prefix across requests so it is cheaper and faster to process.
  • Cost cap: A hard spending limit enforced by your code, per user, per day or per month.

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