assumption of costs

USAGE SUMMARY

"assumption of costs" is a correct and usable phrase in written English.
It is typically used when referring to the taking on of financial responsibility. For example, "The company agreed to assume the costs of the project."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

Extant cost-sensitive learning (CSL) algorithms are based on the assumption that all involved costs can be transformed into a unified unit, called as homogeneous assumption of costs.

Journal of Systems and Software

13 20 Furthermore, the information and assumption of costs have focused on direct costs because indirect costs have generally not been available.

BMJ Open

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

That assumption of cost has often gone hand-in-glove with the notion that specialist colleges are delivering a higher quality of education.

The Guardian

The assumption of cost-optimal operation may impose the necessity for bi-level problems.

Energy

This implies an assumption of cost benefit analysis based upon a rational calculation of effort and benefit on part of the offender.

Security Informatics

However, the BER performance for the conventional scheme is evaluated under the assumption of cost-free, perfect CSI feedback from the relay to the users, and therefore represents the lower limit of the BER in practical systems.

EURASIP Journal on Wireless Communications and Networking

Based on the above considerations, we re-examined the assumption of cost parity between a standard course of IVIg and a series of five TPEs by performing a cost-minimization analysis to determine whether meaningful differences in the direct cost currently exist between these two therapeutic options.

BMC Health Services Research

For instance, alternative imputation methods for missing data and various assumptions of costs.

Complementary Therapies in Clinical Practice

The modelled assumptions of costs and effectiveness were considered and agreed by the expert workshop.

BMC Health Services Research

Four assumptions of cost ratios of Type I and Type II errors (CI/CII ratios) are also examined in evaluating the model's effectiveness.

Expert Systems with Applications

Key components of monitoring and accountability in multisector cash-based response are a functioning grievance and complaints system and a monitoring and evaluation framework that tests the assumptions of cost-efficiency and cost-effectiveness (Levine and Bailey 2015).

Journal of International Humanitarian Action

Expert writing Tips

Best practice

When using "assumption of costs", clearly specify who is assuming the costs and what those costs entail to avoid ambiguity. For example: "The company's "assumption of costs" for employee training demonstrates its commitment to staff development."

Common error

Avoid using "assumption of costs" without detailing the specific expenses being assumed. A vague statement like "We made an "assumption of costs"" lacks clarity. Instead, specify: "We made an "assumption of costs" associated with the project's initial research phase."

Linguistic Context

The phrase "assumption of costs" primarily functions as a noun phrase, often acting as the subject or object of a sentence. It signifies the act of accepting financial responsibility for specific expenses. As stated by Ludwig, the phrase is considered correct and usable in written English.

Expression frequency: Rare

Frequent in

Science

35%

News & Media

33%

Formal & Business

32%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "assumption of costs" is a valid phrase used to describe the act of accepting financial responsibility for specific expenses. While Ludwig confirms its correctness, it's relatively rare, so using it in a correct and clear manner is important. It's most frequently found in formal, scientific and professional contexts. When employing this phrase, ensure you clearly define who is assuming the costs and what those costs encompass to maintain clarity and avoid ambiguity.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

covering the costs

Implies providing the necessary funds to meet expenses.

bearing the expense

Emphasizes the responsibility of covering the cost.

taking on financial responsibility

Broader phrase indicating acceptance of financial obligations.

responsibility for expenses

Highlights the obligation to take care of expenses.

cost allocation

Focuses on the distribution of costs among different entities or activities.

expense coverage

Specifically relates to the extent to which expenses are covered.

cost absorption

Highlights the incorporation of costs into a product or service's price.

acceptance of financial burden

Emphasizes the negative aspect of taking on costs.

cost management

Focuses on controlling and reducing expenses.

financial commitment

Highlights the obligation to provide financial support.

FAQs

What does "assumption of costs" mean?

The phrase "assumption of costs" refers to the act of taking on or accepting financial responsibility for particular expenses or liabilities. It indicates that someone is agreeing to cover specific costs.

How can I use "assumption of costs" in a sentence?

You can use "assumption of costs" in a sentence like this: "The new agreement includes the company's "bearing the expense" for environmental remediation."

What are some alternatives to "assumption of costs"?

Alternatives to "assumption of costs" include phrases such as "bearing the expense", "covering the costs", or "taking on financial responsibility".

Is "assumption of cost" grammatically correct, or should it always be "assumption of costs"?

While "assumption of cost" may be used in some contexts, "assumption of costs" is generally more appropriate when referring to multiple or unspecified expenses. The singular form could be used when referring to a specific, single cost.