Stated cost

USAGE SUMMARY

The phrase "Stated cost" is correct and usable in written English.
It can be used when referring to a cost that has been officially declared or communicated, often in financial or contractual contexts. Example: "The stated cost of the project was significantly lower than the actual expenses incurred."

✓ Grammatically correct

Science

News & Media

Academia

Human-verified examples from authoritative sources

Exact Expressions

11 human-written examples

This approach facilitates stated cost variation necessary for estimating the mean of the distribution of project values without resorting to experimentally designed, fictitious stated costs.

Ecological Economics

The only publicly stated cost is £5m for a TV-led ad campaign to promote the New Day's launch.

The Guardian

However, the stated cost suggests that the project involves an extension in the school's rear yard, which could give them about a half dozen new classrooms.

The New York Times

Given the stated cost of implementing GDPR by many high profile organizations, it will be interesting to see if firms feel like they reduce head count costs by using a 3rd party to meet the DPO requirements.

University of California, Berkeley

The reviewed studies show differences in their methodologies and assumptions, making the stated cost figures not directly comparable and unsuitable to be generalized to represent the costs for entire technologies.

Renewable and Sustainable Energy Reviews

6 out of 9 projects (A, B, C, D, E, G) stated "cost savings in the maintenance of the applications".

Journal of Software Engineering Research and Development

Human-verified similar examples from authoritative sources

Similar Expressions

49 human-written examples

Whereas no explicit or implicit cost-effectiveness thresholds have been introduced in Canada, NICE has a stated cost-effectiveness threshold range that drugs are expected to meet.

ClinicoEconomics and Outcomes Research

Thus even in a setting with very high health care expenditures, doctors' stated cost-consciousness appeared to be generally high, even though it was not uniformly distributed among them.

BMC Health Services Research

Unless otherwise stated, costs were not discounted.

European Journal of Health Economics

The sponsor stated costs were calculated at present day (2014) values and a discount rate of 3.5%% was applied.

Applied Health Economics and Health Policy

The corollary, of course, is that the states' cost of borrowing is inordinately high.

The Economist

Expert writing Tips

Best practice

When using "stated cost", ensure that the source of the cost is clear, whether it's a contract, budget, or official communication.

Common error

Avoid using "stated cost" when referring to the final amount spent. "Stated cost" refers to the initial or declared cost, which may differ from the actual or final cost due to overruns, unforeseen expenses, or changes in scope.

Linguistic Context

The phrase "stated cost" functions primarily as a noun phrase, often acting as the subject or object in a sentence. It identifies a specific declared amount of money, as seen in Ludwig's examples.

Expression frequency: Uncommon

Frequent in

Science

31%

News & Media

44%

Academia

16%

Less common in

Wiki

3%

Formal & Business

0%

Encyclopedias

0%

Ludwig's WRAP-UP

In summary, "stated cost" refers to an officially declared or communicated financial figure, distinguishing it from estimates or final expenses. Ludwig AI indicates the phrase is grammatically correct and is often used in formal contexts, such as science, news media and academia, to convey clarity and precision. When using "stated cost", it's important to specify the source of the figure and avoid confusing it with the actual or estimated cost. Alternative phrases like "reported price" or "declared cost" can be used to express similar ideas with slightly different nuances.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Reported price

Focuses on the price as it was communicated or documented.

Quoted price

Refers to a price that has been given as an estimate.

Declared cost

Highlights the act of officially declaring the cost.

Published rate

Emphasizes that the cost is publicly available.

Indicated price

Suggests the cost was pointed out or made known.

Specified cost

Highlights the act of specifying the cost.

Official price

Implies that the cost is the one sanctioned by an authority.

Advertised price

Refers to the cost as it appears in an advertisement.

Listed price

Focuses on the cost as it appears on a list or catalog.

Nominal cost

Highlights the cost from a formal document.

FAQs

How can I use "stated cost" in a sentence?

You can use "stated cost" to refer to a cost that has been officially declared or communicated. For example: "The "stated cost" of the project was $1 million, but the final expenses exceeded that amount."

What can I say instead of "stated cost"?

You can use alternatives like "reported price", "declared cost", or "quoted price" depending on the context.

What is the difference between "stated cost" and "actual cost"?

The ""stated cost"" is the initial or declared cost of something, while the "actual cost" is the final amount spent, which may be higher or lower than the "stated cost".

Is "stated cost" the same as "estimated cost"?

While both relate to anticipated expenses, "estimated cost" is a projected figure, while ""stated cost"" implies a formally declared or agreed-upon amount.