accepted cost

USAGE SUMMARY

The phrase "accepted cost" is correct and usable in written English.
It can be used in contexts related to finance, budgeting, or project management to refer to costs that have been approved or recognized as valid. Example: "The project budget was adjusted to reflect the accepted cost of materials and labor."

✓ Grammatically correct

Science

News & Media

Human-verified examples from authoritative sources

Exact Expressions

9 human-written examples

However, the WTP approach may be an oversimplification on a societal level, since the WTP methodology is based upon a theoretically accepted cost of death set by individual judgements.

European Transport Research Review

Without visiting, I accepted, cost to be covered by further debt.

Huffington Post

The presence of additional independent risk factors for fracture would be needed to bring this value to below the commonly accepted cost per QALY of US$50,000.

Clinical interventions in aging

With technological improvements and reduction in infrastructure costs during recent years, videoconferencing has become a widely accepted, cost effective medium for clinical consultations [ 27, 28] and health care education in Australian and internationally [ 29- 31].

BMC Health Services Research

Analyses of lower compliance levels indicated that although the number of preventable non-fatal and fatal cardiovascular events would be reduced, the incremental cost effectiveness ratios remained below accepted cost effective thresholds.

British Medical Journal

To gain market access, manufacturers increasingly have to establish not only the efficacy of their products, but also whether these provide a cure at an accepted cost per health gain.

BMC Health Services Research

Human-verified similar examples from authoritative sources

Similar Expressions

51 human-written examples

Last year she accepted costs and damages, believed to be a five-figure sum, to settle a libel battle over his allegation that she had used his home for trysts.

The Times

Due to the base case ICER being well below the generally accepted cost-effectiveness threshold, most analyses assessed the detrimental impact of a particular scenario on the ICER.

Health Economics Review

Physicians, however, accepted cost-containment policies.

BMC Health Services Research

Overall, however, physicians accepted cost-containment.

BMC Health Services Research

The overall base case incremental cost per QALY is well above the accepted cost-effectiveness threshold.

BMC Geriatrics

Expert writing Tips

Best practice

When using "accepted cost", ensure it's clear who is accepting the cost and under what conditions. This adds clarity and avoids ambiguity.

Common error

Avoid using "accepted cost" when there is still ongoing negotiation or dispute about the cost. It implies a consensus that may not exist.

Linguistic Context

The phrase "accepted cost" functions as a noun phrase, where "accepted" modifies "cost". It typically acts as a subject or object in a sentence, referring to a cost that has been agreed upon or is considered standard. As Ludwig AI suggests, it relates to finance, budgeting, or project management.

Expression frequency: Rare

Frequent in

Science

40%

News & Media

30%

Formal & Business

30%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "accepted cost" is a grammatically correct and usable term, primarily functioning as a noun phrase to denote a cost that has been formally acknowledged or agreed upon. As Ludwig AI points out, it is often found in financial, budgeting, or project management contexts. While relatively uncommon, its use is consistent across professional and scientific fields. Alternatives include "agreed-upon cost", "standard cost", and "recognized cost". When employing "accepted cost", ensure clarity regarding who is accepting the cost and avoid assuming universal agreement when negotiations are still ongoing. Predominantly used in science, news media, and formal business settings, the phrase carries a professional tone and communicates financial clarity.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

agreed-upon cost

Replaces "accepted" with "agreed-upon", emphasizing mutual agreement on the cost.

standard cost

Focuses on the cost being typical or customary.

recognized cost

Highlights the formal acknowledgment of the cost.

approved cost

Emphasizes that the cost has been officially sanctioned.

customary cost

Indicates that the cost is in line with usual practice.

established cost

Highlights that the cost is well-defined and stable.

prevailing cost

Suggests that the cost is currently the most common or widespread.

acknowledged cost

Similar to "recognized cost", but slightly less formal.

usual cost

A simple and direct way to indicate the common or typical cost.

validated cost

Suggests the cost has been formally verified or confirmed.

FAQs

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

You can use "accepted cost" to refer to a cost that has been agreed upon or is considered standard. For example: "The project budget was adjusted to reflect the "accepted cost" of materials and labor."

What is an alternative to using "accepted cost"?

Alternatives include "agreed-upon cost", "standard cost", or "recognized cost". The best choice depends on the specific context.

When is it appropriate to use "accepted cost" in professional writing?

It's appropriate when you need to emphasize that a cost has been formally approved or is widely understood and agreed upon within a specific field or industry.

What's the difference between "accepted cost" and "estimated cost"?

Accepted cost refers to a cost that has been agreed upon or formally recognized, whereas "estimated cost" refers to a projected or approximate cost that may be subject to change.