expense reduction

USAGE SUMMARY

'expense reduction' is correct and usable in written English.
You could use this phrase when you are talking about a strategy to reduce costs. For example, "The company is focusing on expense reduction to increase profits."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

21 human-written examples

We have more expense reduction to go.

The Guardian - Business

Goldman said on Tuesday that it was in the process of "implementing additional expense reduction initiatives".

The New York Times

"We are making excellent progress on the parts of our business we control, including expense reduction, headcount and balance sheet and capital management".

The Guardian - Business

The biggest expense reduction success story was a 19% fall in the amount spent on flights, which fell from £47,483 to £38,437 quarter on quarter.

The Guardian

"If revenues for the brokerage group don't accelerate after Labor Day, we think more meaningful expense reduction in employment is likely," said Henry McVey, an analyst at Morgan Stanley Dean Witter & Company, which cut investment bankers this year.

The New York Times

As you know, on New Year's Day I announced a 20percentt personnel and expense reduction in the office of the mayor and urged my government colleagues to do the same.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

37 human-written examples

But what remains are statements of expense reductions without saying how you will achieve them".

The New York Times

"We're trying to avoid expense reductions that would affect service," Mr. Mahoney said.

The New York Times

In that transaction, Kraft sought expense reductions of about 9percentt of sales.

The New York Times

But even after those expense reductions, analysts say, The Globe probably does not operate in the black.

The New York Times

And they added that expense reductions are far from complete, noting that the company has so far cut only 1,900 jobs of a planned reduction of 7,000.

The New York Times

Expert writing Tips

Best practice

When discussing financial strategies, clearly define which specific expenses are targeted for reduction to provide transparency and avoid ambiguity.

Common error

Ensure that "expense reduction" efforts don't inadvertently diminish the value of products or services offered. Focus on eliminating inefficiencies rather than compromising quality.

Linguistic Context

The phrase "expense reduction" functions as a noun phrase, often used as the subject or object of a sentence. It describes the act or process of decreasing expenses. As Ludwig AI confirms, it’s grammatically correct and commonly used. Examples include "We have more expense reduction to go" and "The biggest expense reduction success story..."

Expression frequency: Common

Frequent in

News & Media

56%

Formal & Business

22%

Science

11%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "expense reduction" is a grammatically correct noun phrase widely used to describe strategies aimed at lowering costs. Ludwig AI confirms its usability in various contexts. It commonly appears in news and media, formal business settings, and occasionally in scientific contexts. While alternatives like "cost cutting" or "cost reduction" exist, "expense reduction" carries a formal tone suitable for professional discussions. A key best practice is to specify which expenses are being targeted. Be careful not to reduce value in the process of reducing expenses. The term's frequent use in authoritative sources such as The New York Times and Forbes underscores its importance in financial and business discourse.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

cost cutting

This alternative emphasizes immediate and often drastic reductions in spending.

cost reduction

This is a direct synonym with similar connotations and usage.

budget cuts

This phrase specifically refers to reductions in allocated funds.

spending cuts

Similar to budget cuts, but can refer to overall expenditure reductions.

austerity measures

Implies significant and often unpopular reductions in government spending.

downsizing

Often involves reducing staff to cut costs, with a broader implication of organizational restructuring.

cost optimization

Focuses on making spending more efficient rather than simply reducing it.

efficiency drive

This phrase suggests a proactive effort to improve efficiency and reduce waste.

financial streamlining

Focuses on improving the efficiency of financial processes and reducing unnecessary costs.

belt tightening

An idiomatic expression meaning to spend less money.

FAQs

How can I use "expense reduction" in a sentence?

You can use "expense reduction" to describe actions taken to lower costs, such as "The company implemented several strategies for "expense reduction" to improve profitability".

What are some alternatives to "expense reduction"?

Alternatives to "expense reduction" include "cost cutting", "cost reduction", and "spending cuts", each with slightly different nuances.

What is the difference between "expense reduction" and "cost optimization"?

"Expense reduction" focuses primarily on lowering costs, while "cost optimization" aims to improve efficiency and value for money, not just reduce spending.

Is "expense reduction" a common term in business?

Yes, "expense reduction" is a commonly used term in business and finance to describe strategies aimed at lowering a company's operating costs and improving its financial performance.