Full cost

USAGE SUMMARY

The phrase "Full cost" is correct and usable in written English.
It can be used when discussing the total expenses associated with a product, service, or project, including all direct and indirect costs. Example: "Before making a decision, we need to evaluate the full cost of the project, including materials, labor, and overhead."

✓ Grammatically correct

News & Media

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

55 human-written examples

Full cost recovery is expected to occur ten years after the dam starts full operation.

Wikipedia

At first, they would pay full cost.

The New York Times - Health

They don't know the full cost".

The New York Times - Tech

China has never revealed the full cost of this disaster.

The Economist

Research brings status, but funders rarely pay the full cost.

The Economist

And you know my position on full cost of attendance.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

5 human-written examples

However, a full cost-benefit analysis would be required to confirm this.

Plosone

Finally, data for construction of the full cost-effectiveness model were limited.

Plosone

A full cost-effectiveness analysis from NLST is awaited.

British Journal of Cancer

The full cost-effectiveness analysis is reported elsewhere.

BJOG: An International Journal of Obstetrics and Gynaecology

A full cost-effectiveness analysis for PATCH I and II will be published separately.

British Journal of Dermatology

Expert writing Tips

Best practice

When comparing options, always consider the "full cost", not just the initial price, to avoid unexpected expenses later.

Common error

Failing to account for indirect costs, like maintenance, support, or training, can significantly underestimate the "full cost" and lead to budget overruns.

Linguistic Context

The phrase "Full cost" functions primarily as a noun phrase, often serving as a subject or object in a sentence. It quantifies and emphasizes the entirety of expenses, as confirmed by Ludwig AI and demonstrated in various examples.

Expression frequency: Very common

Frequent in

News & Media

60%

Science

25%

Wiki

7%

Less common in

Formal & Business

5%

Academia

2%

Reference

1%

Ludwig's WRAP-UP

The phrase "Full cost" is a common and grammatically correct term used to describe the total expenses associated with something. As Ludwig AI confirms, it's employed across various contexts, particularly in news, media, science, and wiki sources, emphasizing the importance of considering all direct and indirect costs. It's crucial to account for the "full cost", as overlooking indirect expenses is a frequent error. Alternatives like "total expense" and "complete price" can be used depending on the specific nuance required. By understanding and applying the concept of "full cost", individuals and organizations can make more informed financial decisions.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Total expense

Focuses on the overall expenditure without necessarily emphasizing hidden or less obvious aspects.

Complete price

Highlights the final price, suggesting transparency and inclusion of all charges.

Overall expenditure

Emphasizes the act of spending in its entirety, suitable for budgetary discussions.

Comprehensive cost

Indicates a thorough accounting of all direct and indirect costs involved.

Total outlay

Refers to the total amount of money spent, often in investment contexts.

All-inclusive cost

Stresses that no additional expenses will be incurred beyond the stated amount.

Final accounting

Presents the ultimate calculation of expenses, especially after reconciliation.

Entire financial burden

Shifts focus to the financial responsibility and weight associated with an expense.

Ultimate price tag

Highlights the final, often surprising, cost after all additions are factored in.

Global financial impact

Expands the scope to consider the far-reaching financial consequences.

FAQs

How to use "Full cost" in a sentence?

You can use "Full cost" to refer to the total expenses associated with a product, service, or project. For example, "Before making a decision, we need to evaluate the "full cost" of the project, including materials, labor, and overhead."

What can I say instead of "Full cost"?

You can use alternatives like "total expense", "complete price", or "overall expenditure" depending on the context.

What's included in the "Full cost"?

The "Full cost" includes all direct expenses such as materials and labor, as well as indirect expenses such as overhead, maintenance, and opportunity costs.

How to calculate the "Full cost"?

To calculate the "Full cost", identify and quantify all direct and indirect expenses related to the product, service, or project. Ensure you include both one-time and recurring expenses.