assumed the cost

USAGE SUMMARY

The phrase "assumed the cost" is correct and usable in written English.
You can use it when indicating that someone has taken on the financial responsibility for something. Example: "After reviewing the budget, the company decided that it would be best if they assumed the cost of the new software."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

14 human-written examples

That stance was aimed at making sure euro zone governments — with or without the private sector — assumed the cost of dealing with the crisis, rather than pushing it over to the E.C.B., which feared its independence would be compromised.

The New York Times

In addition to the $30 million it paid its own advisers, H.P., like all acquirers, ultimately assumed the cost of the raft of Autonomy's advisers that, truth be told, may have outsmarted H.P.'s board.

The New York Times

It relies on a quirk in the tax law called Low Value Consignment Relief (LVCR), which exempts goods worth less than £18 imported from outside the EU from VAT because it is assumed the cost of collection would not be worth the revenue raised.

Independent

But was it unaware of this danger or was it using some version of the recall coordinator's formula, putting customers at risk because it assumed the cost of a breach would be less than the cost of better security?

Forbes

The tech industry has gotten used to treating IT as a commodity and assumed the cost -- like it has with hardware, internet and communication tools -- would eventually go down.

Forbes

Thus, Becker decided to adopt an approach that assumed the cost of an investment in human capital as the earnings foregone and the rate of capitalisation as a weighted average of the rates of return on the individual investments.

IZA Journal of Labor Economics

Human-verified similar examples from authoritative sources

Similar Expressions

46 human-written examples

He'd just assumed the costs came out of your own pocket.

The Guardian - Opinion

Eligible cost-share payments will be made to the new participant upon presentation that the successor assumed the costs of establishing the practices.

Cornell University

The BBC, which assumed the costs of producing Monday's diamond jubilee concert, said it would not profit from its role in the jubilee events.

The Guardian

Lloyds claimed its capital ratio would have been 9.6%, if the regulator had not assumed the costs of divesting TSB branches would be recurring.

The Guardian - Business

"I came here and I assumed the costs despite having a contract with Newcastle.

BBC

Expert writing Tips

Best practice

When using "assumed the cost", ensure the context clearly indicates who is taking on the financial responsibility and for what purpose. This avoids ambiguity and strengthens the clarity of your writing.

Common error

Be mindful of all direct and indirect costs associated with an action. It's easy to focus on the primary expense while neglecting secondary costs that can significantly impact the overall financial burden. Fully investigate all components to avoid underestimates.

Linguistic Context

The phrase "assumed the cost" functions as a verb phrase, indicating the action of taking on financial responsibility. As Ludwig AI confirms, it’s a correct and usable expression in written English. It specifies who is responsible for covering the expense.

Expression frequency: Uncommon

Frequent in

News & Media

50%

Science

33%

Formal & Business

17%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, the phrase "assumed the cost" is a grammatically correct and usable expression that indicates the act of taking on financial responsibility. Ludwig AI validates its correctness and common use. While not extremely frequent, it appears across various contexts such as news reports, scientific publications, and formal business communications. When using this phrase, ensure that the subject is clearly identified and that all associated costs are considered to avoid potential errors. Consider synonyms like "covered the expenses" or "took financial responsibility" for stylistic variation. Be mindful of the subtle differences.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

covered the expenses

Replaces "assumed" with a more direct verb, focusing on the act of paying.

bore the burden of payment

Emphasizes the weight or difficulty associated with covering the cost.

took financial responsibility

Highlights the accountability aspect of covering the cost.

shouldered the financial obligation

Implies a sense of duty or commitment in covering the cost.

absorbed the financial hit

Focuses on the negative impact and the act of mitigating it.

underwrote the expenditure

Suggests a formal or official agreement to cover the cost.

defrayed the payment

Indicates providing funds to cover the expenses.

financed the undertaking

Focuses on providing the necessary funds for a specific project.

handled the monetary outlay

Presents an alternative to more common synonyms, but the meaning is slightly different.

picked up the tab

Offers a more informal way to say "assumed the cost".

FAQs

What does "assumed the cost" mean?

The phrase "assumed the cost" means to have taken on the financial responsibility for something, indicating that one party has agreed to pay for it.

What can I say instead of "assumed the cost"?

You can use alternatives like "covered the expenses", "bore the burden of payment", or "took financial responsibility", depending on the context.

Is it correct to say "assumed the cost"?

Yes, the phrase "assumed the cost" is grammatically correct and commonly used in both formal and informal contexts to indicate that someone has taken on financial responsibility.

What's the difference between "assumed the cost" and "incurred the cost"?

"Assumed the cost" implies a deliberate decision to take on financial responsibility, while "incurred the cost" simply means that a cost was acquired, often unintentionally or as a consequence of an action. For example, a company might assume the cost of a marketing campaign, but incur the cost of unexpected repairs.