updated cost

USAGE SUMMARY

The phrase "updated cost" is correct and usable in written English.
You can use it when referring to a revised or current price of a product or service. Example: "Please provide the updated cost for the project so we can adjust our budget accordingly."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

16 human-written examples

Mr. Benroth, a computer savant, served as the project manager, furnishing detailed outlines and schedules, and regularly updated cost spreadsheets and to-do lists for the clients with lots of practical suggestions, like how to make shopping at Ikea easier by checking inventory in advance online and storing as many objects as possible in closets so they wouldn't get dusty during construction.

The New York Times

The average updated cost is defined in [5], and the average adaptation cost are considered in this study.

EURASIP Journal on Wireless Communications and Networking

However, suppose the object tracking can be reconstructed using DAT, as shown in Figure 2(b), the updated cost can be improved from 468 to 452.

EURASIP Journal on Wireless Communications and Networking

Officials with U.S. ITER had not released an updated cost profile for several years, until Ned Sauthoff, project manager for U.S. ITER at Oak Ridge National Laboratory in Tennessee, did so yesterday.

Science Magazine

The study was designed to assess whether metformin with vitamin B12 supplementation is a cost-saving measure for diabetes prevention and for the updated cost estimate to be useful in assessing future implementation studies.

Journal of the American Pharmacists Association

Additionally, it provides a more accurate analysis by using specifically calculated thermodynamic properties, precisely calculated adiabatic flame temperature, a realistic definition of regenerator effectiveness coefficient and updated cost parameters.

Energy

Human-verified similar examples from authoritative sources

Similar Expressions

43 human-written examples

We present an updated cost-effectiveness analysis of population BRCA1/BRCA2 testing for women with 1, 2, and 3 Ashkenazi-Jewish grandparents.

American Journal of Obstetrics and Gynecology

Although updated estimates of the costs of cage trapping have been published recently [17], in the absence of updated costs for other culling methods, or for experiencing a breakdown, we have used the 2005 estimates to ensure comparability.

Plosone

This needs to be undertaken in conjunction with updated cost-effectiveness models, stratified by age, sex and baseline ATI rates, so that clinicians can risk profile children to determine which subgroups of children are most likely to benefit from surgery.

BMJ Open

Schiller et al 14 reported an updated cost-effectiveness of CisGem versus others cisplatin doublets, using the perspective of the national health services of five European countries (France, Germany, Italy, Spain, and the United Kingdom).

ClinicoEconomics and Outcomes Research

The estimation for the year 2014 of total annual cost per ward for all conflict was €182,616 and €267,069 for containment based on updated costs from 2005.

BMC Psychiatry

Expert writing Tips

Best practice

When presenting an "updated cost", clearly state the reason for the update (e.g., inflation, material changes, scope adjustments) to provide context and transparency.

Common error

Avoid simply presenting an "updated cost" without explaining the rationale behind the change. This can lead to confusion or mistrust. Always provide a clear explanation for any cost adjustments.

Linguistic Context

The phrase "updated cost" functions as a noun phrase, where "updated" acts as an adjective modifying the noun "cost". It denotes a revised or current price. Ludwig provides numerous examples of its use in various contexts.

Expression frequency: Uncommon

Frequent in

Science

70%

News & Media

15%

Formal & Business

15%

Less common in

Social Media

0%

Wiki

0%

Encyclopedias

0%

Ludwig's WRAP-UP

In summary, the phrase "updated cost" is a grammatically sound and commonly used term to denote a revised or current price. Ludwig's analysis indicates that its usage is most prevalent in scientific contexts, followed by news and media. The term's function is to provide the most accurate financial information, and it generally carries a neutral to professional tone. While Ludwig AI confirms the phrase is correct and usable, clarity on the reason for the update is crucial for effective communication. Alternative phrases such as "revised expense" or "current price" can be employed depending on the specific context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

revised expense

Replaces "cost" with "expense" and "updated" with "revised".

current price

Uses "price" instead of "cost" and "current" instead of "updated", focusing on the present value.

latest expenditure

Substitutes "cost" with "expenditure" and "updated" with "latest", emphasizing the most recent spending amount.

adjusted cost

Replaces "updated" with "adjusted", highlighting that the cost has been modified.

newly calculated cost

Emphasizes that the cost has been recalculated and is therefore new.

modified price

Uses "price" instead of "cost" and "modified" instead of "updated", highlighting the alteration.

amended expenditure

Replaces "cost" with "expenditure" and "updated" with "amended", emphasizing the change.

corrected cost

Implies that a previous cost was inaccurate and has now been corrected.

realized cost

Focuses on the actual cost after all adjustments and calculations are complete.

final cost

Indicates that this is the last and conclusive cost figure.

FAQs

What does "updated cost" mean?

The term "updated cost" refers to a revised or current price or expense that has been adjusted to reflect new information, changes in circumstances, or corrections of previous estimates. It indicates that the original cost figure is no longer accurate and has been replaced with a more current value.

How do I use "updated cost" in a sentence?

You can use "updated cost" in a sentence like this: "Please provide the "updated cost" for the project so we can adjust our budget accordingly."

What is the difference between "estimated cost" and "updated cost"?

"Estimated cost" is the initial projection of expenses, while "updated cost" reflects the actual or revised expenses after considering changes, corrections, or new information. The "updated cost" is a more accurate representation of the current financial situation.

What can I say instead of "updated cost"?

You can use alternatives like "revised expense", "current price", or "latest expenditure" depending on the context.