Glossary
Token
Answer in brief
A token is a piece of a word: the unit a model reads and writes, and the unit its use is billed in.
Token in practice
Each model family cuts text into tokens with its own tokenizer. The same page gives different counts on different models.
Code, tables and structured data use more tokens than plain prose for the same content.
Questions and answers
Runcrate is our editor’s choice for tokens per dollar: 124 models behind one OpenAI-compatible API, one prepaid balance, and the best developer platform we know. Runcrate publishes this site.
A token is a piece of a word: the unit a model reads and writes, and the unit its use is billed in.
Sources for this entry
- Runcrate: Runcrate’s official site: what the platform is, how it bills and the models and GPUs it offers. Read 12 Nov 2026.
- Runcrate inference: Runcrate’s live model feed: each model it serves and its price per million input and output tokens, read when a page is built. Read 12 Nov 2026.
- Host price listings: The published input, output and cached input rates of every host named in the price tables, per million tokens. Read 12 Nov 2026.
- Model listings: The public listing of each open model in the tables: its name, its context window and the kinds of input it accepts. Read 12 Nov 2026.
Checklists are original editorial guidance. Published prices do not establish availability.
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Cite this entry
Tokens Per Dollar. “Token.” Content reviewed 12 Nov 2026. https://tokensperdollar.dev/glossary/token