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Discover LudwigThe phrase "ate into" is correct and usable in written English.
It is typically used to describe something that gradually consumes or reduces a resource, such as time, money, or space.
Example: "The unexpected expenses ate into our savings, leaving us with less than we had planned for the vacation."
Alternatives: "diminished" or "eroded".
Exact(60)
Still, the wage increases ate into profits at businesses in San Francisco, San Jose, Albuquerque and Santa Fe, N.M.
For years, the school ate into its endowment, which once peaked at $79 million, to pay for daily operating costs.
That meant its losses ate into its capital alarmingly fast.
"The chaos really ate into my prep time.
Earlier price reductions ate into Barnes & Noble's earnings.
Their sessions ate into both his overtime and his sleep.
$AAPL pic.twitter.com/CawmViIQbI The strong dollar ate into non-US revenue.
Goldman, in part, hedged its trading activities, a move that ate into profit.
These hedges ate into an accounting gain that otherwise might have been larger.
In 2007 this ate into Mr Le Pen's vote, keeping him out of the run-off.
Its TV set sales grew 44 percent, though declining prices ate into profits.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com