excess cost

USAGE SUMMARY

The phrase "excess cost" is correct and usable in written English.
It can be used in contexts related to finance, budgeting, or project management to refer to costs that exceed a predetermined budget or estimate. Example: "The project went over budget due to excess costs associated with unforeseen delays."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

But what will be the excess cost that the taxpayer has to shoulder?

The New Yorker

At a conservative estimate, at least half of this is an excess cost attributable to private finance.

The Guardian - Opinion

You can deduct the excess cost of a gluten-free product over a comparable gluten-containing product.

The New York Times - Health

Build in some pessimism into your income line and some excess cost into figures so that you can forecast when the pinch points are.

The Guardian

The solution the Securities and Exchange Commission seems to be working on is to give shareholders ways to avoid excess cost and to avoid some other burdens, such as doing S.E.C. filing and requiring all sorts of legal assistance.

The New York Times

Do you have a flexible spending account at work? Ask the plan administrator if you can use those flex spending dollars on the excess cost of gluten-free goods — many plans let you do this.

The New York Times - Health

In addition, such studies have an excess cost, mainly because of the expense associated with drug measurements.

Thérapie

It is observed that the heat removal rate can be greatly improved at almost no excess cost.

International Communications in Heat and Mass Transfer

For tested cases, results show that the excess cost due to uncertainty on ground thermal conductivity increases with the number of boreholes.

Applied Thermal Engineering

We find two-thirds of the spending increase in 1990 2011 resulted from ageing, and the rest from excess cost growth.

The Journal of the Economics of Ageing

First, an example model of a linear-assembly B&B reactor is analyzed to find the neutron excess cost of an equilibrium cycle.

Nuclear Engineering and Design

Expert writing Tips

Best practice

In scientific or technical writing, use "excess cost" to differentiate between standard operating costs and those incurred due to specific experimental conditions or unforeseen circumstances.

Common error

Avoid using "excess cost" interchangeably with "cost overrun" without considering the specific context. While both refer to expenses exceeding initial estimates, "excess cost" is more generally applicable to any additional expense, while "cost overrun" typically refers to a specific project or budget exceeding its allocated funds.

Linguistic Context

The phrase "excess cost" primarily functions as a noun phrase. It identifies and refers to an amount of money spent beyond what was initially expected or budgeted. As confirmed by Ludwig AI, it's a correct and usable phrase in English. Examples from Ludwig show it used in contexts such as healthcare spending and project budgeting.

Expression frequency: Very common

Frequent in

Science

42%

News & Media

38%

Formal & Business

5%

Less common in

Wiki

3%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

In summary, the phrase "excess cost" is a grammatically sound and frequently used noun phrase that describes expenses exceeding the initially expected amount. As Ludwig AI confirms, it is suitable for use in various contexts, with primary applications in science, news, and formal business settings. When writing, ensure that "excess cost" is used accurately to differentiate it from related terms like "cost overrun". Understanding the factors that can lead to "additional expenses" and employing best practices in financial planning can help mitigate these issues.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

additional expense

Focuses on the fact that the cost is added on top of a base amount.

surplus expenditure

Emphasizes that the spending surpasses the required level.

over budget spending

Highlights the act of spending more than allocated in a budget.

unnecessary outlay

Suggests the cost was not essential or required.

superfluous charge

Indicates the cost is beyond what is needed or justifiable.

unwarranted expense

Highlights a cost that lacks justification or reason.

incremental cost

Specifies that the cost is an addition made in small steps.

premium cost

Implies the higher cost is for superior quality or service.

inflated cost

Indicates the cost is higher than it should reasonably be.

escalated cost

Focuses on the cost having risen or increased significantly.

FAQs

How can I use "excess cost" in a sentence?

You can use "excess cost" to describe expenses that are more than initially anticipated. For example, "The "excess cost" of the project was due to unforeseen material shortages".

What are some alternatives to saying "excess cost"?

Alternatives to "excess cost" include "additional expense", "surplus expenditure", or "cost overrun" depending on the context.

When is it appropriate to use "excess cost" versus "cost overrun"?

"Excess cost" is suitable for general additional expenses, whereas "cost overrun" is best used when referring to a specific project or budget that has exceeded its allocation. The term "cost overrun" is typically related to well-defined projects.

What contributes to "excess cost" in project management?

"Excess cost" in project management can arise from various factors, such as poor planning, unexpected material costs, labor shortages, or scope creep. Efficient management aims to mitigate "additional expenses" and keep projects within budget.