expected cost

USAGE SUMMARY

The phrase "expected cost" is correct and usable in written English. You can use it when discussing anticipated expenses in budgeting, project planning, or financial forecasting. For example, "The expected cost of the project is estimated to be $50,000." Alternative expressions include "anticipated cost" and "projected cost."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

56 human-written examples

To generate the expected cost, the probability of having any use and the expected cost conditional on use were multiplied together.

ClinicoEconomics and Outcomes Research

The bidding process brought down the expected cost to customers, the regulator said.

The Guardian - Business

Heinz said it expected cost cutting in the second half to help it meet annual estimates.

The New York Times

Shell left expected cost and revenue gains from the BG takeover unchanged at $3.5bn.

The Guardian - Business

Factoring in another $25 million of expected cost savings would take that closer to 18 percent.

The New York Times

The Schuler-Pittman gift brings the Corcoran's fund-raising for the addition to $60 million, or half the expected cost.

The New York Times - Arts

The expected cost per time.

Journal of Industrial Engineering International

The expected cost during a production cycle.

Journal of Industrial Engineering International

Human-verified similar examples from authoritative sources

Similar Expressions

3 human-written examples

This corresponds to an expected cost-effectiveness ratio of $US 35 '000per QALY gained (Table 4).

Plosone

This illustrates the uncertainty surrounding the estimates of expected cost-effectiveness (in €) between IRR and UC.

BMC Health Services Research

He is quite pleased with the result, though it took longer then he expected & cost a lot.

The New Yorker

Expert writing Tips

Best practice

When using "expected cost", clearly state the basis for your estimation, whether it's historical data, market analysis, or expert opinions. This adds credibility to your forecast.

Common error

Avoid using "expected cost" interchangeably with "actual cost". "Expected cost" is a projection, while "actual cost" is the final, realized expense. Ensure clarity to prevent misinterpretations.

Linguistic Context

The phrase "expected cost" functions as a noun phrase, where the adjective "expected" modifies the noun "cost". It represents a projected or anticipated financial expenditure. According to Ludwig AI, the phrase is grammatically sound and widely used.

Expression frequency: Very common

Frequent in

Science

37%

News & Media

35%

Formal & Business

28%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "expected cost" is a grammatically correct and very common phrase used to describe an anticipated financial expense. As noted by Ludwig AI, this phrase appears frequently in science, news, media, and formal business contexts. To ensure clarity, it's crucial to distinguish "expected cost" from "actual cost". When using "expected cost", providing the basis for the estimation will enhance credibility. By understanding its function and usage patterns, you can effectively incorporate the phrase "expected cost" in your writing and communications.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

anticipated expenditure

Replaces "cost" with "expenditure", focusing on the amount of money that will likely be spent.

projected expense

Uses "expense" instead of "cost", emphasizing the financial outlay that is predicted.

forecasted outlay

Substitutes both "expected" and "cost" with synonyms, indicating a predicted financial expenditure.

budgeted amount

Shifts the focus to the planned allocation of funds, implying an expected cost within a budget.

estimated price

Replaces "cost" with "price", which is more suitable when referring to the value of goods or services.

predicted financial burden

Highlights the financial strain that is anticipated, instead of merely stating the expected cost.

anticipated financial commitment

Emphasizes the obligation to spend money that is foreseen, changing the tone and focus.

foreseen expenditure

Uses "foreseen" instead of "expected", slightly altering the nuance to imply a prediction based on current knowledge.

likely cost

Emphasizes the probability of incurring the cost, rather than the expectation.

potential expense

Highlights that the expense is possible, but not certain, introducing a degree of uncertainty.

FAQs

How is the phrase "expected cost" used in financial planning?

In financial planning, "expected cost" is used to estimate potential expenses for projects, investments, or operations. It helps in budgeting and resource allocation, allowing for informed decisions based on anticipated financial needs.

What are some alternatives to saying "expected cost"?

You can use alternatives like "anticipated expenditure", "projected expense", or "forecasted outlay" depending on the context.

How do you calculate the "expected cost" of a project?

Calculating "expected cost" typically involves identifying all potential expenses, estimating their individual costs, and summing them up. This may also include contingency funds to account for unexpected issues.

What's the difference between "expected cost" and "actual cost"?

"Expected cost" is the estimated or predicted cost before a project or activity begins, while "actual cost" is the real or final cost once the project or activity is completed. The "actual cost" can be higher or lower than the "expected cost".