absorb this cost

USAGE SUMMARY

The phrase "absorb this cost" is correct and usable in written English.
It can be used in contexts where a business or individual is taking on an expense without passing it on to others. Example: "Due to the unexpected increase in material prices, we will have to absorb this cost to maintain our pricing structure."

✓ Grammatically correct

News & Media

Academia

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

7 human-written examples

"Rates at our sites in central London could double, yet, to remain competitive with international corporates, we have to absorb this cost ourselves.

The Guardian

Now in a cash-strapped, deficit-driven culture of firm frugality, but with high expectations, I have to absorb this cost as part of my professional role.

The Guardian

The study suggested the companies could absorb this cost partly by lowering their commissions, which range from about 10 to 25percentt of passenger fares on average.

The New York Times

"Bananas are competitively priced across supermarkets, but our customers can be confident that none of the price reduction they see is passed on to growers as we absorb this cost," says Waitrose.

The Guardian

17], about the Roosevelt school district, terribly underfunded, not being paid for the use of its kitchen, nor for delivering the meals to the new for-profit charter school: Asking the district to absorb this cost was piling on financial injury upon financial injury.

The New York Times

"We charge an industry standard commission to hotels and are happy to absorb this cost to make the stays of our guests carbon neutral", he says.

TechCrunch

Human-verified similar examples from authoritative sources

Similar Expressions

53 human-written examples

"Consumers and businesses have been absorbing this cost shift for decades," he said.

Los Angeles Times

Public-sector schemes are expected to absorb this extra cost themselves, but private-sector schemes will struggle.

Independent

Existing literature contends that in the presence of an insider, market participants will increase the spread to compensate for adverse selection, and this may lead to increased price movement on a trade-by-trade level as market orders absorb this increased cost.

Columbia University

However, Tabb is the first to agree that the organization must do more than absorb this significant expense as a cost of doing business.

TechCrunch

In others, employees absorb the cost themselves.

The New York Times

Expert writing Tips

Best practice

When using "absorb this cost", ensure that the context clearly indicates who is bearing the expense and why. For example, "To remain competitive, our company will absorb this cost rather than increase prices."

Common error

Avoid using "absorb this cost" when the expense is merely being delayed or shifted to another entity. "Absorb" implies the cost is being fully taken on, not simply passed along later. For example: Instead of saying 'The company will absorb this cost by delaying employee bonuses', consider 'The company will delay employee bonuses to manage this cost'.

Linguistic Context

The phrase "absorb this cost" functions as a verb phrase where "absorb" is the verb and "this cost" is the object. It indicates the action of internally managing or covering an expense. Ludwig AI confirms its validity and common usage.

Expression frequency: Uncommon

Frequent in

News & Media

43%

Academia

29%

Formal & Business

14%

Less common in

Wiki

14%

Science

0%

Encyclopedias

0%

Ludwig's WRAP-UP

In summary, "absorb this cost" is a valid and understandable phrase used to describe the act of taking on an expense without transferring it to another party. As Ludwig AI confirms, it's most frequently used in News & Media and Academia, indicating a neutral to professional register. Related phrases include "cover this cost" and "bear this cost". When using the phrase, ensure that it accurately reflects the situation and that the cost is truly being taken on internally. While "absorb this cost" is not among the most frequent phrases, understanding its correct usage is important for clear and effective communication, especially in business and economic contexts.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

cover this cost

Indicates taking responsibility for covering the expense.

bear this cost

Implies enduring or carrying the burden of the expense.

offset this cost

Suggests counterbalancing the expense with savings or revenue.

assume this cost

Indicates taking on the responsibility of the expense.

shoulder this cost

Implies bearing the weight of the expense, often willingly.

internalize this cost

Suggests incorporating the expense into the company's budget or operations.

manage this cost

Indicates controlling and handling the expense effectively.

finance this cost

Suggests providing the funds necessary to cover the expense.

take on this cost

Similar to 'assume', indicating acceptance of responsibility.

handle this cost

Implies dealing with the expense in a practical way.

FAQs

What does it mean to "absorb this cost"?

To "absorb this cost" means to take on the financial responsibility for an expense without passing it on to customers, employees, or other parties. It implies managing the cost internally.

How can a company "absorb this cost" without affecting profitability?

Companies can "absorb this cost" by increasing efficiency, reducing other expenses, or accepting a temporary reduction in profit margins.

What are some alternatives to saying "absorb this cost"?

You can use alternatives like "cover this cost", "bear this cost", or "manage this expense" depending on the context.

Is "absorb this cost" a common phrase in business?

"Absorb this cost" is a moderately common phrase, particularly in business and economic discussions, to describe cost management strategies.