"cost amount" vs "expense amount"

Question

"cost amount" vs "expense amount"

Both 'cost amount' and 'expense amount' are correct phrases, but they are used in different contexts. 'Cost amount' refers to the total amount of money required to produce or obtain something, while 'expense amount' refers to the total amount of money spent or to be spent on a particular item or activity.

Last Updated: March 31, 2024

It refers to the total amount of money required to produce or obtain something.

Examples:

The cost amount of the project exceeded our initial budget.
Please provide an estimate of the cost amount for the new product line.
We need to calculate the cost amount of the materials used in production.

Alternatives:

total cost
amount spent
price tag
expenditure total
financial outlay

It refers to the total amount of money spent or to be spent on a particular item or activity.

Examples:

Please keep track of the expense amount for the business trip.
The expense amount for the event was higher than anticipated.
We need to budget for the expense amount of the upcoming project.

Alternatives:

total expenses
cost incurred
outlay total
expenditure amount
spending total

Answer 1

cost amount

This phrase is correct and commonly used in English.

Answer 2

expense amount

This phrase is correct and commonly used in English.

"cost amount" vs "expense amount"

cost amount

expense amount

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