applicable cost

USAGE SUMMARY

The phrase "applicable cost" is correct and usable in written English.
It can be used in contexts related to finance, accounting, or economics when discussing costs that are relevant to a specific decision or situation. Example: "When evaluating the project's feasibility, we need to consider only the applicable costs that will impact our budget."

✓ Grammatically correct

Academia

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

7 human-written examples

The complexity of the applicable cost functions severely limits the search algorithms that can be employed.

Transportation Research Part A: Policy and Practice

be responsible for ensuring and demonstrating to the Secretary that all applicable cost eligibility conditions are met after the authorization is received.

Cornell University

Principal Investigators and department administrators must ensure that the direct charging of F&A type costs must comply with sponsor requirements, University policy, and the applicable cost principles, 2 CFR Part 200.

Yale University

When you are ready to submit a formal request for a one-time payment, be sure to identify the applicable cost object(s) and recipient's MIT ID (if that individual is not within your area of responsibility).

Massachusetts Institute of Technology

It added: "We are confident that further audit of the documentation would provide Sigar with complete assurance that all of the expenditures billed to the US government were incurred and claimed in accordance with the Legacy East contract, and in each case comply with all applicable cost principles".

Independent

With a unique set of variables impacting each individual company, it is impossible to calculate a universally applicable "cost" of bad customer service.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

52 human-written examples

The easy generation of complex molecular diversity through broadly applicable, cost-effective, practical and sustainable synthetic methods in a straightforward fashion along with the importance of these motifs in medicinal chemistry, received significant attention from researchers engaged in drug design and heterocyclic methodology development.

European Journal of Medicinal Chemistry

As aid, Martiniuk et al. amply characterize this transfer of skilled labor as opposed to cash transfers in their title "Brain Gains…" Changing the present US tax code that provides indirect support of STMMs by allowing deduction of all applicable costs from taxable income could have a potential dampening effect on participation.

BMC Health Services Research

Your budget must be broken down by direct lab costs (if applicable), travel costs, and Visa purchases (such as books, a camera, etc).

Johns Hopkins University

Thus, the proposed buffer organization scheme is applicable for cost and power critical applications of NoCs in heterogeneous 3D-SoCs.

Microprocessors and Microsystems

See the Budget instructions for the Administrative Core to determine the applicable direct cost limit for the application.

Duke University

Expert writing Tips

Best practice

When discussing project budgets, clearly define what constitutes an "applicable cost" upfront to avoid ambiguity and ensure all stakeholders have a shared understanding.

Common error

Avoid focusing solely on direct expenses. Remember to factor in indirect costs that are also "applicable" to the overall project or activity, such as administrative overhead or facility usage.

Linguistic Context

The phrase "applicable cost" functions as a modifier + noun construction. The adjective "applicable" restricts the type of "cost" under consideration, denoting only those expenses that are relevant or pertinent in a given context. Ludwig AI confirms its usability in written English.

Expression frequency: Rare

Frequent in

Academia

31%

Science

31%

News & Media

20%

Less common in

Formal & Business

18%

Wiki

0%

Encyclopedias

0%

Ludwig's WRAP-UP

The phrase "applicable cost" is a grammatically sound and usable term in English, primarily functioning to specify expenses that are relevant to a particular situation. As Ludwig AI confirms, this phrase is correct. While not overly common, it appears most frequently in academic and scientific contexts, with a formal tone suitable for professional settings. When using this phrase, be precise in defining what costs are considered "applicable" to avoid ambiguity, and remember to account for both direct and indirect expenses. Related phrases such as "relevant expense" and "pertinent cost" can serve as useful alternatives.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

relevant expense

Focuses on the direct relevance of the expense to a specific situation.

pertinent cost

Highlights the pertinence or importance of the cost in a particular context.

appropriate expenditure

Emphasizes the suitability and appropriateness of the expenditure.

suitable expense

Indicates the expense is well-suited or fitting for the situation.

germane cost

Stresses the close and significant relationship of the cost to the matter at hand.

related expenditure

Implies a connection or association between the expenditure and a specific purpose.

fitting cost

Suggests the cost aligns well with the needs or requirements of the situation.

incident cost

Refers to a cost that occurs in connection with something else.

attributable cost

Indicates the cost can be directly assigned or linked to a specific activity or project.

connected expense

Highlights the link or association of the expense to a particular item or activity.

FAQs

How do I determine what counts as an "applicable cost" in a research grant?

Review the grant guidelines carefully, paying close attention to the sections detailing allowable and unallowable expenses. Consult with your institution's grants office for clarification on specific items.

What's the difference between "applicable cost" and "total cost"?

"Applicable cost" refers to expenses that are relevant to a specific project or activity, while "total cost" encompasses all expenses, including those not directly tied to that particular endeavor. Understanding this distinction ensures proper budgeting and financial reporting.

Are there alternatives to the phrase "applicable cost"?

Yes, depending on the context, you can use alternatives like "relevant expense", "pertinent cost", or "appropriate expenditure".

How can I ensure that all "applicable costs" are accounted for in a budget?

Develop a comprehensive checklist of potential expenses, considering both direct and indirect costs. Regularly review and update the checklist as the project progresses.