significant savings

USAGE SUMMARY

The phrase "significant savings" is correct and usable in written English.
You can use it when discussing financial benefits or reductions in costs, often in a business or economic context. Example: "By switching to a more efficient supplier, we were able to achieve significant savings on our annual budget."

✓ Grammatically correct

News & Media

Academia

Science

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

This could amount to significant savings.

The Guardian - Money

"They can get significant savings," he said.

The New York Times

David Elliot, the chairman, claims significant savings over airline rates.

The New York Times

These include significant savings in NHS and social care spending.

The Guardian

Gucci, Loro Piana, Valentino -- all offer significant savings.

The New York Times - Travel

Significant savings are possible with even slight changes in rates.

The New York Times

"Seventeen percent is a significant savings," Mr. Bianco said.

The New York Times

The unusual financing deal meant significant savings for him.

The New York Times

He believes this will lead to significant savings.

The Guardian

Luxury cruise lines are also rolling out significant savings.

The New York Times - Travel

Policies supporting social connectedness could reap significant savings.

Stanford University

Expert writing Tips

Best practice

When quantifying "significant savings", provide specific numbers or percentages to add credibility and impact.

Common error

Avoid using "significant savings" loosely. Always provide context or evidence to support the claim; otherwise, it may lack persuasiveness.

Linguistic Context

The phrase "significant savings" primarily functions as a noun phrase. It acts as a subject or object in a sentence, denoting a considerable amount of money saved. This is supported by Ludwig AI examples, which show it being used to describe financial outcomes and benefits.

Expression frequency: Very common

Frequent in

News & Media

42%

Academia

25%

Science

15%

Less common in

Formal & Business

8%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "significant savings" is a common and grammatically sound way to describe a considerable reduction in costs or a notable financial benefit. Ludwig AI confirms its widespread usage across diverse contexts, including news, academia, and science. When using this phrase, it's best practice to quantify the savings with specific numbers or percentages for greater impact. While the phrase is versatile, avoid overstating savings without proper justification. For alternatives, consider phrases like "substantial savings" or "considerable savings", depending on the specific context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

substantial savings

Replaces "significant" with a synonym emphasizing the amount of savings.

considerable savings

Similar to "substantial savings", highlighting the magnitude of the savings.

major cost reductions

Shifts focus to cost reduction, implying savings are a result.

notable economies

Uses a more formal term, "economies", and suggests the savings are worth noting.

remarkable financial benefits

Expands to include any financial benefits, not just savings.

meaningful fiscal advantages

Focuses on the financial advantages in a formal, often governmental context.

large-scale efficiencies

Emphasizes efficiencies that lead to savings.

economically advantageous

Highlights the economic benefits without specifically mentioning savings.

profitable investments

Suggests that actions are resulting in profitability, implying savings.

improved budget

Implies savings through an improved financial situation.

FAQs

How can I use "significant savings" in a sentence?

You can use "significant savings" to describe substantial cost reductions or financial benefits, such as, "The new energy-efficient system resulted in "significant savings" on our utility bills."

What are some alternatives to "significant savings"?

Alternatives include "substantial savings", "considerable savings", or "major cost reductions", depending on the specific context.

Which is correct, "significant savings" or "significantly saving"?

"Significant savings" is a noun phrase referring to the amount saved. "Significantly saving" is a verb phrase describing the act of saving in a substantial way. The choice depends on the sentence structure.

What's the difference between "significant savings" and "minor savings"?

"Significant savings" implies a large or important reduction in costs, while "minor savings" indicates a small or unimportant reduction. The terms are antonyms representing different degrees of financial benefit.