reduction in cost

USAGE SUMMARY

The phrase "reduction in cost" is correct and usable in written English.
It can be used when discussing a decrease in expenses or prices in various contexts, such as business, finance, or budgeting. Example: "The company implemented several strategies that resulted in a significant reduction in cost, allowing for increased profitability."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

But because the process is faster and saves material, "it could achieve orders of magnitude reduction in cost," he says.

MIT Technology Review

Reduction in cost of lithium ion batteries is essential to the cost walk of electrified vehicles.

Electrochimica Acta

Reduction in cost is making desalination increasingly attractive in comparison with other alternatives.

Desalination

Overall, POC incorporation showed enhanced structural efficiency with a significant reduction in cost and energy usage.

Journal of Cleaner Production

We show that the reduction in cost as well as gains in performance are substantial.

Nonlinear Analysis: Real World Applications

Results demonstrated equivalent safety and efficacy for home care with enoxaparin with a reduction in cost.

Chest

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The New York Times

The resulting reduction in cost per seat reduces the price premium required to support the frequent service that business travelers demand.

The New York Times

Reduction in cost terminal electronics is essential in order for fiber optic technology to penetrate LAN and telephony subscriber loop applications extensively.

University of California, Berkeley

Even if the machines are not entirely built on passive-dynamic principles, the parts that are may lead to a reduction in cost.

The New York Times - Tech

The large demand for microprocessors generated by these initial applications led to high-volume production and a dramatic reduction in cost.

Britannica

Expert writing Tips

Best practice

When writing about business or economic topics, use "reduction in cost" to clearly communicate that expenses or prices have decreased, leading to savings or increased efficiency. Be specific about the factors contributing to the cost reduction for maximum impact.

Common error

Don't assume that a "reduction in cost" automatically equates to increased profitability or efficiency. A reduced cost can sometimes come at the expense of quality, service, or other important factors. Always evaluate the overall impact.

Linguistic Context

The phrase "reduction in cost" functions primarily as a noun phrase. It typically acts as the subject or object of a sentence or clause, describing a decrease in expenses or prices, which is well-supported by examples analyzed through Ludwig.

Expression frequency: Very common

Frequent in

Science

37%

News & Media

35%

Formal & Business

10%

Less common in

Encyclopedias

5%

Academia

5%

Reference

0%

Ludwig's WRAP-UP

The phrase "reduction in cost" is a common and grammatically correct way to describe a decrease in expenses or prices across various contexts. Ludwig AI affirms its usability. As evidenced by the numerous examples, the phrase is frequently used in scientific, news, and business-related content. While alternatives like "cost reduction" or "decrease in expenses" exist, "reduction in cost" provides a clear and widely understood way to communicate that expenses or prices have declined. When using this phrase, be mindful of the context and specific details to ensure accurate and effective communication. Always consider if this reduction has any effect (positive or negative) to other factors.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

cost reduction

A more concise way of expressing the same idea by omitting the preposition.

decrease in expenses

Focuses on the lessening of expenditures rather than a general 'cost'.

lowering of costs

Emphasizes the action of making costs lower.

cost cutting

Suggests active measures taken to reduce expenses.

savings in expenditure

Highlights the positive outcome of reduced spending.

expense curtailment

Implies a more formal and controlled approach to reducing expenses.

trimming of budget

Specifically refers to reducing the allocated funds.

diminution of outlays

A more formal way of stating a decrease in spending.

decline in pricing

Focuses specifically on the lowering of prices.

improved cost efficiency

Shifts the focus to achieving better results with the same or fewer resources, indirectly implying a cost reduction.

FAQs

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

You can use "reduction in cost" to describe scenarios where expenses or prices have decreased. For instance, "The new manufacturing process led to a significant "reduction in cost".".

What are some alternatives to "reduction in cost"?

Alternatives include "cost reduction", "decrease in expenses", or "lowering of costs", depending on the context.

Is "reduction in cost" the same as "cost-cutting"?

While related, "reduction in cost" generally refers to the outcome, whereas "cost-cutting" implies the actions taken to achieve that outcome. One is a state, and the other is an action.

What's the difference between "reduction in cost" and "improved cost efficiency"?

"Reduction in cost" specifically indicates a decrease in expenses, while "improved cost efficiency" suggests achieving better results with the same or fewer resources. The latter focuses on the output or value relative to the cost, not just the cost itself.