mitigate costs

USAGE SUMMARY

The phrase "mitigate costs" is correct and usable in written English.
It can be used in contexts where you want to express the idea of reducing or lessening expenses or financial burdens. Example: "The company implemented new strategies to mitigate costs and improve overall profitability."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

18 human-written examples

This study provides an analysis to verify whether rural people perceive adverse effects of climate change and the mitigation strategies that might be used to diversify income or mitigate costs by pastoral, semi-pastoral, agro-pastoral and mixed-farming communities in the drylands of the Afar region, northern Ethiopia.

Pastoralism

Adhering to this stripped-down service model helps mitigate costs, Moser said.

The Washington Post

Legislators from coal-dependent states want free allowances to mitigate costs of compliance and give emitters time to switch to cleaner fuels.

The New York Times

It is therefore unclear if the rules mitigate costs above and beyond what could be achieved by contract.

International Review of Law and Economics

To mitigate costs for local communities, funding has been justified for the implementation of crop raiding defenses.

Ecological Economics

While it was a hardship for some truckers, the Air Resources Board and other agencies involved offered a grant program to help mitigate costs.

University of California, Berkeley

Human-verified similar examples from authoritative sources

Similar Expressions

42 human-written examples

One avenue to mitigate cost is outpatient TSA.

Journal of Shoulder and Elbow Surgery

"I would encourage them to mitigate cost pressures they might feel through their supply chain," he said.

The Guardian - Business

"We would always look to mitigate cost pressure, but unfortunately we are unable to cover all of the cost impacts we've been faced with recently," it said in a statement.

The Guardian - Business

In this new circumstance, we have work to do to mitigate cost increases and teach the public the real facts of price and choice.

Duke University

To mitigate cost, a variety of "in-silico" approaches to identify repurposing opportunities have been developed.

CPT: Pharmacometrics and Systems Pharmacology

Expert writing Tips

Best practice

When aiming to achieve "mitigate costs", prioritize strategies that not only cut expenses but also enhance long-term efficiency and sustainability. For instance, instead of simply cutting marketing budget, invest in data-driven marketing strategies with a long term approach.

Common error

Avoid using "mitigate costs" when the goal is complete elimination of expenses. "Mitigate" implies reducing or lessening, not complete removal. Use "eliminate costs" when complete removal is the objective.

Linguistic Context

The phrase "mitigate costs" functions as a verb phrase, where 'mitigate' acts as a transitive verb requiring an object ('costs'). Ludwig confirms that this phrase is correct and usable in written English.

Expression frequency: Common

Frequent in

Science

31%

News & Media

42%

Formal & Business

27%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "mitigate costs" is a grammatically correct and frequently used verb phrase that describes actions taken to reduce or alleviate expenses. Ludwig confirms that this phrase is appropriate for various contexts, particularly science, news, and formal business settings. While "reduce expenses" is a more direct alternative, "mitigate costs" emphasizes efforts to lessen the impact of expenses. To effectively "mitigate costs", consider long-term efficiency and sustainability strategies rather than solely focusing on immediate cuts. Avoid confusing "mitigate costs" with "eliminate costs", as "mitigate" implies reduction, not complete removal.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

reduce expenses

Replaces the verb "mitigate" with the more common and direct verb "reduce."

lower costs

Similar to "reduce expenses", but uses "lower" for a slight variation in tone.

decrease expenditure

Replaces "costs" with the more formal "expenditure" and "mitigate" with "decrease."

lessen financial burden

Shifts the focus from direct costs to the overall financial impact.

offset expenses

Implies balancing costs with other factors, rather than simply reducing them.

alleviate financial strain

Similar to "lessen financial burden", emphasizing the difficulty costs impose.

curtail spending

Focuses on limiting the act of spending itself, rather than directly addressing costs.

minimize outlays

Uses more formal vocabulary, replacing "costs" with "outlays" and "mitigate" with "minimize".

control overheads

Focuses on managing general business expenses.

trim budgets

Specifically targets reducing allocated funds.

FAQs

How can I use "mitigate costs" in a sentence?

You can use "mitigate costs" to describe actions taken to reduce expenses. For example, "The company implemented new strategies to mitigate costs and improve overall profitability."

What can I say instead of "mitigate costs"?

You can use alternatives like "reduce expenses", "lower costs", or "decrease expenditure" depending on the context.

Is it better to say "mitigate costs" or "reduce costs"?

"Reduce costs" is more direct and commonly used. "Mitigate costs" is suitable when emphasizing efforts to lessen the impact of expenses, implying complexity of the expense.

What's the difference between "mitigate costs" and "offset costs"?

"Mitigate costs" implies reducing the severity or impact of expenses. "Offset costs" suggests balancing expenses with gains or savings in another area.