it involves costs

USAGE SUMMARY

The phrase "it involves costs" is correct and usable in written English.
You can use it when discussing the financial implications or expenses associated with a particular action, project, or decision. Example: "Before we proceed with the new marketing strategy, we need to consider that it involves costs that may impact our budget."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

The fitness gained by adding an amino acid to the code necessarily involves costs, for it needs new ribozymes to ferment it, and scarce amino acids would require new and highly specific synthetases to attach them to the adapters.

Biology Direct

As economics students know, switching involves costs.

The New York Times

That, too, involves costs.

Journal of Organization Design

The results reveal that tank size estimation strategy is independent of initial conditions, and that it is self-convergent, involves cost saving in terms of computing costs, is generally applicable, and can provide guidelines for the design of a TES system for CSP plants.

Solar Energy

It can also be cheaper in the long term, although bringing it about does involve costs.

Resources, Conservation and Recycling

Global warming and the actions contemplated to mitigate it could well involve costs of that order.

The Economist

A record-low 41 percent of Australians say global warming is a serious and pressing problem that should be tackled immediately, even if it involves significant costs, according to a recent poll by the Lowy Institute.

The New York Times

As several studies have made clear, it involves substantial costs ('cost discovery') (Hausmann and Rodrik 2003).

Latin American Economic Review

In addition it involves low costs especially in cars with automated manual transmission system (AMT).

Applied Mathematical Modelling

According to Coffee Management Services (2007), irrigation is an expensive management practice because it involves pumping costs, labor and other equipment requirements.

International Journal of Recycling of Organic Waste in Agriculture

This is an issue that cannot be dealt with easily as it involves high costs and considerable amount of decision-making.

BMC Health Services Research

Expert writing Tips

Best practice

When using "it involves costs", clearly specify what "it" refers to, ensuring the context is unambiguous. For example, instead of saying "The project involves costs", say "Implementing the new software involves costs for training and maintenance."

Common error

Avoid focusing solely on the immediate financial outlay. Be sure to factor in indirect costs such as opportunity costs, maintenance, or potential risks associated with the decision or action.

Linguistic Context

The phrase "it involves costs" functions as a statement indicating that a particular action, decision, or project will lead to financial expenditure. As Ludwig AI shows, this phrase is used to acknowledge the financial implications of something.

Expression frequency: Uncommon

Frequent in

Science

44%

News & Media

41%

Formal & Business

15%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, the phrase "it involves costs" is a grammatically correct and commonly used expression to indicate that something has financial implications. As confirmed by Ludwig AI, it functions as a statement, informing an audience about the financial aspects of a topic. Its neutral register makes it suitable for diverse settings, including science, news media, and formal business. While it is not an extremely frequent expression, a number of semantically similar alternatives exist, such as "it entails expenditure" or "it incurs expenses", to add nuance or formality. When using the phrase, make sure to specify what "it" refers to and factor in any hidden costs beyond the immediate financial outlay.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

it incurs expenses

Synonymous replacement, focusing on the action of accumulating costs or liabilities.

it entails expenditure

Replaces "costs" with the more formal "expenditure", suggesting a more official or accounting context.

it has financial implications

Highlights the broader financial impact of the action or decision, rather than just the immediate cost.

it requires investment

Emphasizes the need for financial input, framing the costs as an investment for future returns.

it necessitates funding

Stresses the need for financial resources to be allocated, often used in project management or budgeting contexts.

it carries a price tag

Uses a more figurative expression to highlight the associated expense, often implying a significant or hefty cost.

it demands resources

Focuses on the resources required, which can include financial but also time or materials.

it comes with a financial burden

Highlights the negative aspect of the costs, suggesting a potential strain on resources.

it requires capital

More specific, indicating that money will be needed in order to realize this

it presents budgetary challenges

Emphasizes the difficulties that costs can cause, implying that careful management is needed.

FAQs

How can I rephrase "it involves costs" to sound more formal?

For a more formal tone, you can use phrases like "it entails expenditure", "it necessitates funding", or "it has financial implications depending on the specific context.

What's a less formal way to say "it involves costs"?

Informally, you could say "it carries a price tag" or "it demands resources", which are more conversational and less technical.

Is there a difference between "it involves costs" and "it incurs expenses"?

While similar, "it involves costs" is a more general statement. "it incurs expenses" often implies that the costs are accumulating or are a direct result of an action. Both phrases are generally interchangeable in many contexts.

Can "it involves costs" refer to non-monetary expenses?

Yes, while primarily referring to financial costs, "it involves costs" can sometimes allude to non-monetary expenses like time, effort, or resources, depending on the context. However, it's clearer to specify if you're referring to something other than money.