net cost

USAGE SUMMARY

The phrase "net cost" is correct and usable in written English.
It is typically used in financial contexts to refer to the total cost after deductions, such as discounts or taxes, have been applied. Example: "After applying the discount, the net cost of the product is significantly lower than the original price."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

The net cost saving already exceeds £60,000.

The Guardian

The recommendations IPSA is proposing have a net cost of £500,000 a year.

The Guardian

Whether that genuinely results in net cost savings remains to be seen.

The Guardian - Film

Zero net cost should not be confused with the absence of risk.

The New York Times

Ipsa says the proposals have a net cost of £500,000.

The Guardian

This should produce net cost savings, as people need to use less energy, and warmer homes.

The Guardian

The net cost we're hoping will be neutral for Team GB," he said.

The Guardian - Sport

Real estate brokers expect the net cost of the space to drop with the downtown incentives.

The New York Times

The average net cost at private colleges has risen to $23,000, from $18,050.

The New York Times

In reality, there need be no net cost to the public purse.

The Guardian - Opinion

The scorecard shows the net cost approaching £1 billion annually in 2018-19.

The Economist

Expert writing Tips

Best practice

When presenting financial information, clearly specify all deductions and savings to accurately reflect the "net cost".

Common error

Don't assume the "net cost" includes all potential expenses. Always verify if there are additional fees or charges not initially factored in.

Linguistic Context

The phrase "net cost" functions as a noun phrase, typically acting as the subject or object of a sentence. As illustrated by Ludwig, it denotes the final expense after accounting for deductions or additions. Ludwig AI confirms its grammatical correctness and usability.

Expression frequency: Very common

Frequent in

News & Media

45%

Science

25%

Formal & Business

15%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "net cost" is a grammatically sound and widely used term, particularly in financial contexts, to denote the final expense after deductions or savings are considered. As Ludwig AI confirms, its usage spans across news, scientific, and business domains, indicating its versatility and relevance. When writing about financial matters, ensure that the "net cost" is clearly defined, specifying all included deductions to avoid ambiguity. Alternatives like "final cost" or "effective price" can be used to provide variety, but maintaining clarity is paramount. Remember to avoid overlooking potential hidden expenses when calculating and reporting the "net cost" to ensure accuracy and transparency.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

final cost

Focuses on the ultimate expense after all adjustments are made.

total cost after deductions

Explicitly states that the cost is calculated after reductions.

total expense

Emphasizes the overall expenditure, often before any deductions.

effective price

Highlights the actual price paid after discounts or incentives.

cost after savings

Highlights the impact of savings on the final cost.

real expenditure

Stresses the actual amount of money spent.

price after rebates

Focuses on the price after receiving rebates.

overall outlay

Refers to the total investment or spending.

expense after credits

Emphasizes the effect of credits on the final expense.

actual price

Emphasizes the true cost, potentially contrasting with the list price.

FAQs

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

You can use "net cost" to describe the final expense after accounting for discounts, taxes, or other deductions. For example: "The "net cost" of the project was lower than expected due to efficient resource management."

What's the difference between "net cost" and "gross cost"?

"Gross cost" refers to the total cost before any deductions, while "net cost" is the final cost after all deductions have been applied. Always clarify which type of cost you are referring to for clarity.

What can I say instead of "net cost"?

You can use alternatives like "final cost", "effective price", or "total cost after deductions" depending on the context.

Is it appropriate to use "net cost" in formal writing?

Yes, "net cost" is suitable for formal writing, especially in financial reports, business documents, and academic papers. Its clear and precise meaning makes it a valuable term in professional communication.