cost effective asset

USAGE SUMMARY

The phrase "cost effective asset" is correct and usable in written English.
It can be used when discussing investments or resources that provide good value for their cost. Example: "Investing in energy-efficient technology is a cost effective asset for our company, as it reduces expenses in the long run."

✓ Grammatically correct

Structural Safety

WikiHow

Archives of Virology

Journal of Modern Power Systems and Clean Energy

Huffington Post

TechCrunch

The Guardian

The New York Times

BBC

Health Economics Review

Applied Water Science

Los Angeles Times

Vice

Unicef

Applied Water Science

WikiHow

Information and Software Technology

The Economist

Journal of Big Data

The Guardian - Business

Financial Innovation

Forbes

Procedia CIRP

The Guardian - Tech

Independent

Encyclopedia Britannica

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

Therefore, the development of a scientific and cost-effective asset management philosophy has become increasingly important to power utilities.

Structural Safety

There are times when it is simply not cost effective to collect an asset, as it may result in additional inheritance or estate tax obligations, attorney fees, and/or Court costs.

WikiHow

Additionally, assays that are quick and relatively easy to perform as well as cost effective would be a major asset in the field.

Archives of Virology

Unit commitment (UC) is a traditional problem in the electric network which empowers effective asset planning at least cost, yet fulfilling all the network and system constraints [4].

Journal of Modern Power Systems and Clean Energy

With greater financial literacy, Haitian immigrants can be empowered to both increase and protect their assets, while identifying more cost effective and productive ways to send money home -- spurring the growth of Haiti's economy.

Huffington Post

Cost effective access to inventory and how many times an asset needs to be turned over to breakeven are keys here.

TechCrunch

It may well be more cost effective for housing providers to outsource the day-to-day management of their commercial assets, freeing them up to focus on strategic decisions and concentrate on their core social housing business.

The Guardian

This can be cost effective".

The New York Times

It is more cost effective.

The New York Times

"It's very cost effective".

The New York Times

Sometimes, leasing is cost effective.

The New York Times

Expert writing Tips

Best practice

When describing a "cost effective asset", quantify the benefits. For example, instead of saying 'solar panels are a cost effective asset', state 'solar panels are a cost effective asset, reducing electricity bills by 40% annually'.

Common error

Avoid exaggerating the cost savings of a "cost effective asset". Ensure claims are backed by data or realistic projections to maintain credibility.

Linguistic Context

The phrase "cost effective asset" functions as a noun phrase, where 'cost effective' acts as a compound adjective modifying the noun 'asset'. It describes a resource or investment that provides good value in relation to its cost. Ludwig confirms its common usage.

Expression frequency: Missing

Frequent in

News & Media

32%

Science

25%

Formal & Business

20%

Less common in

Wiki

10%

Encyclopedias

7%

Structural Safety

6%

Ludwig's WRAP-UP

In summary, the phrase "cost effective asset" denotes a resource or investment that provides good value for its cost. Grammatically sound and widely understood, this phrase is employed across various contexts, particularly in business, news, and scientific domains. While Ludwig AI states the phrase is usable, the lack of exact example matches suggests a need for context-specific quantification to strengthen its impact. Related phrases such as ""economical resource"" or ""budget friendly investment"" offer suitable alternatives, and providing concrete figures related to cost savings is advised to enhance persuasiveness.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

economical resource

Focuses on the economic advantage of the resource.

budget friendly investment

Highlights affordability as a key attribute.

efficient capital

Emphasizes the efficient use of financial resources.

high value property

Stresses the worth or benefit derived from the asset.

prudent holding

Highlights the wisdom and care in managing the asset.

smart acquisition

Focuses on the intelligence behind acquiring the asset.

fiscally responsible asset

Emphasizes financial responsibility in asset management.

lean resource

Suggests the resource is efficient and without waste.

value-driven asset

Highlights that the asset's primary purpose is providing value.

optimized investment

Indicates that the investment has been refined for maximum efficiency.

FAQs

How can I use "cost effective asset" in a sentence?

You can use "cost effective asset" when discussing investments or resources that provide good value for their cost. For example: "Investing in energy-efficient technology is a "cost effective asset" for our company, as it reduces expenses in the long run."

What are some alternatives to saying "cost effective asset"?

You can use alternatives like "economical resource", "budget friendly investment", or "efficient capital" depending on the context.

What makes an asset "cost effective"?

An asset is considered "cost effective" when its benefits outweigh its costs, providing a good return on investment or offering a cheaper alternative compared to other options.

In what situations is it important to consider if an asset is "cost effective"?

It's important to consider whether an asset is "cost effective" during budget planning, investment decisions, and when comparing different options for achieving a specific goal. Ensuring "cost effectiveness" helps optimize resource allocation and maximize value.