appraisal cost
- noun
- Specialized
- The company increased its appraisal cost to ensure all products met safety standards.
Examples
-
Investing in appraisal cost can reduce the likelihood of defects reaching customers.
-
The annual report detailed the firm's appraisal cost in the quality control section.
-
The appraisal cost was higher than expected.
-
We need to calculate the appraisal costs for the new project.
-
The bank included the appraisal cost in the loan estimate for the new home.
-
Before finalizing the purchase, the company calculated the appraisal cost to ensure the service met quality standards.
-
She was surprised by the appraisal cost, which was higher than anticipated during the property assessment.
How High
Surface Forms
Morphology
The phrase is directly compositional: 'appraisal' (an assessment) combined with 'cost' (an expense) clearly yields 'the expense of conducting an assessment'. This follows a regular noun+noun compounding/possessive pattern common across languages and contexts, so a B1 learner who knows both constituents can readily infer the meaning.
Etymology
The noun appraisal cost comes from the simple idea of paying to check things: appraisal means a careful check and cost is the money paid. So, it means the money a company spends to check that products or services meet the needed 'quality'.