mitigating cost

USAGE SUMMARY

The phrase "mitigating cost" is correct and usable in written English.
It can be used when discussing ways to reduce or alleviate expenses in a particular context, such as business or project management. Example: "The team is focused on mitigating cost by finding more efficient suppliers and optimizing our processes."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

Majestic Wine is also looking at mitigating cost rises by importing more wine in bulk and bottling it in the UK and other cost-saving measures.

The Guardian - Business

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

As a result, they raise the costs of forest carbon without acknowledging any of the benefits that risky carbon offsets might provide by mitigating upside price shocks and reducing overall mitigation costs.

Carbon Balance and Management

Mr. Sonnier, who turned down a request this week for an interview, had forbidden his trial lawyer from calling family members as mitigating witnesses, costing him a chance for life in prison without parole, said his appellate lawyer, Jani Maselli.

The New York Times

The primary advantage of sharing the exhibition with the Cleveland museum, the Getty said, was mitigating basic costs such as shipping and couriers.

Los Angeles Times

“The steps we’re taking to control labor, restaurant costs and general and administrative expenses are partially mitigating today’s commodity cost pressures and should have us well-positioned when economic conditions improve,” Lang said.

Forbes

In response to a query from Capital & Main about its position on wages, the CRA sent an email stating that the California Restaurant Association's strives to "balance gradual minimum wage increases with cost mitigating policies such as total compensation"and to "include mitigations that allow small businesses to gradually incorporate increased costs".

Huffington Post

The savings, £10m of which are due to be delivered this year, were fuelled by reduced newsprint prices and "ongoing cost mitigating actions".

The Guardian

Seismic isolation is effective in reducing seismic demand to buildings and mitigating seismic damage costs.

Structural Safety

This is because the two-hour-control case achieves much of the benefits in mitigating wind-integration costs, as shown in Table 3.

Journal of Modern Power Systems and Clean Energy

This is, indeed, an area of further study to understand how much charging flexibility is needed to harness the benefits of PEV charging in mitigating wind-integration costs.

Journal of Modern Power Systems and Clean Energy

The accuracy of such simulations is of chief concern, yet there is little guidance offered on achieving accurate solutions whilst mitigating prohibitive computational costs.

Energy

Expert writing Tips

Best practice

When using "mitigating cost", ensure the context clearly defines what actions are being taken to reduce expenses. Provide specific examples for clarity.

Common error

Avoid simply stating you are "mitigating cost" without detailing how. Instead of saying 'We are mitigating cost', say 'We are mitigating cost by consolidating our supply chain and negotiating better rates'.

Linguistic Context

The phrase "mitigating cost" functions as a verb phrase followed by a noun, describing the act of reducing or alleviating expenses. As Ludwig AI confirms, it's usable in English. It often suggests a proactive approach to managing and minimizing financial burdens.

Expression frequency: Rare

Frequent in

News & Media

33%

Science

33%

Formal & Business

33%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "mitigating cost" refers to actions taken to reduce or alleviate expenses, as confirmed by Ludwig AI. While not overly frequent, it is grammatically correct and most commonly found in news, scientific and formal business contexts. Alternatives include "reducing expenses" and "lowering costs". When using "mitigating cost", be specific about the strategies employed to ensure clarity and avoid vague language. The phrase suggests a proactive and strategic approach to managing and minimizing financial burdens. Given its nature, it is best suited for professional and formal communication.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Reducing expenses

Focuses on the outcome of lowering costs, rather than the action of mitigating them.

Lowering costs

A more direct and simpler way to express the reduction of expenses.

Alleviating expenses

Implies making costs more bearable or easier to manage.

Minimizing expenditure

A more formal term for reducing spending.

Curbing expenditure

Suggests actively restraining spending to keep costs down.

Controlling expenses

Highlights the management and oversight of costs.

Decreasing costs

Emphasizes the downward trend in expenses.

Reducing financial burden

Shifts the focus to the impact of costs, rather than the costs themselves.

Offsetting costs

Implies balancing costs with revenue or savings.

Managing expenses

Focuses on the overall handling and administration of costs.

FAQs

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

You can use "mitigating cost" when you want to describe actions taken to reduce or alleviate expenses. For example, "The company is focusing on "mitigating cost" by streamlining its operations".

What are some alternatives to "mitigating cost"?

Some alternatives to "mitigating cost" include "reducing expenses", "lowering costs", or "minimizing expenditure".

Is it better to say "mitigating cost" or "reducing cost"?

"Mitigating cost" implies taking actions to lessen the impact or severity of expenses, whereas "reducing cost" simply means lowering the overall expense. The best choice depends on the specific context.

What does "mitigating cost" mean in project management?

In project management, "mitigating cost" refers to strategies and actions taken to minimize potential budget overruns or unexpected expenses during the project lifecycle.