owing to savings in costs

USAGE SUMMARY

The phrase "owing to savings in costs" is correct and usable in written English.
It can be used to explain the reason for a particular outcome or decision that is related to reduced expenses. Example: "The project was approved, owing to savings in costs that were identified during the budget review."

✓ Grammatically correct

Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

Despite a higher frequency of healthcare contacts in primary care, a decentralised GP organised follow-up programme was associated with total cost savings owing to the decreased costs of primary care consultations and less hospital travels.

BMJ Open

In conclusion, in a German setting and according to German practice guidelines and treatment costs, atosiban was shown to be the preferred treatment option owing to cost savings resulting from its superior safety profile.

BMC Pregnancy and Childbirth

"We believe HP is poised to deliver significant upside to these estimates owing to both cost savings initiatives but also positive fundamentals," Credit Suisse analyst Robert Semple wrote in a note to investors Friday.

Forbes

The Kindle Paperwhite update here is more likely indicative of Amazon taking the opportunity to pass along savings found in its supply chain owing to the dropping cost of flash memory to consumers, however, and probably not reflective of their product roadmap.

TechCrunch

In 1635, he left Cambridge without formally graduating, presumably owing to the cost of graduation.

Wikipedia

In 2008 plans for an Aboriginal languages policy were shelved owing to the cost of implementation.

The Guardian

21 22 23 However, estimates of savings vary widely owing to variations in study settings, populations, and methods for adjustment of case mix.

British Medical Journal

The study by Ghatnekar et al. (2001) revealed substantial differences in treatment patterns and in the nature of cost-savings across countries, owing to the differences in the health care systems.

BMC Health Services Research

Evidence on incremental cost and cost-effectiveness is of particular importance in nAMD, owing to the potential savings and health implications of either reducing treatment frequency or substituting a much cheaper alternative (bevacizumab) for a more expensive drug (ranibizumab).

BMJ Open

Institutions' costs are rising, owing to pricey investments in technology, teachers' salaries and galloping administrative costs.

The Economist

But France emits just 1.4kg, owing to its success in deploying safe, low-cost nuclear energy.

The Guardian - Business

Expert writing Tips

Best practice

When using "owing to savings in costs", ensure the context clearly establishes what specific actions or changes led to these savings. Be specific rather than general.

Common error

Avoid attributing disproportionately large outcomes solely to minor "savings in costs". Ensure the savings genuinely justify the claimed result.

Linguistic Context

The phrase "owing to savings in costs" functions as an adverbial phrase or causal connector, explaining the reason or cause for a particular outcome. Although Ludwig does not provide direct examples, similar expressions highlight its function.

Expression frequency: Missing

Frequent in

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Less common in

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Ludwig's WRAP-UP

In summary, the phrase "owing to savings in costs" functions as a causal connector, indicating that a specific outcome is a direct result of reduced expenditures. Although Ludwig does not provide direct usage examples, it's grammatically correct and suitable for professional or business contexts. The semantic relatives such as "due to cost savings" and "because of savings in expenses" offer similar meanings with slight variations in formality. When employing this phrase, ensure that the link between cost savings and the explained outcome is clearly established and proportional.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

due to cost savings

This alternative is a more direct and commonly used way to express the same causal relationship.

because of savings in expenses

This option is a slightly more verbose way of saying the same thing, emphasizing the 'expenses' aspect.

as a result of cost efficiencies

This alternative focuses on 'cost efficiencies' as the driver of the savings.

thanks to reduced expenditures

This expresses gratitude for the savings achieved through reduced spending.

attributable to economical measures

This alternative highlights the 'economical measures' that led to the savings.

stemming from budget cuts

This suggests that the savings were a direct consequence of 'budget cuts'.

resulting from financial prudence

This implies that 'financial prudence' was the cause of the savings.

consequent to thriftiness in spending

This alternative emphasizes 'thriftiness in spending' as the reason for the savings.

occasioned by fiscal responsibility

This focuses on 'fiscal responsibility' as the driving factor behind the savings.

derived from economic resourcefulness

This suggests that the savings were achieved through 'economic resourcefulness'.

FAQs

How can I use "owing to savings in costs" in a sentence?

Use "owing to savings in costs" to explain how reduced expenses led to a positive outcome. For instance, "The project was expanded, "owing to savings in costs" identified during the initial phase".

What are some alternatives to "owing to savings in costs"?

You can use alternatives like "due to cost savings", "because of savings in expenses", or "as a result of cost efficiencies".

Is "owing to savings in costs" formal or informal?

"Owing to savings in costs" is generally considered a neutral to formal expression, suitable for business or professional contexts but less common in casual conversation.

What's the difference between "owing to savings in costs" and "due to cost savings"?

While both phrases convey a similar meaning, "owing to savings in costs" is slightly more formal and emphasizes the process that led to the savings, whereas "due to cost savings" is more direct and concise.