cost of quality
- noun
- Specialized
:
costo de calidad
- The cost of quality involves not just the expenses to maintain standards, but also the potential losses from defective products.
And we need to, I think, make the commitment and then find the dollars to actually pay for the cost of quality for all those who can't on their own.
- And we need to, I think, make the commitment and then find the dollars to actually pay for the cost of quality for all those who can't on their own.
Examples
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In the United States, Medicare and Medicaid stopped funding the treatment of preventable errors, forcing hospitals to assume the costs of quality deficiencies.
Academic text (2015) -
And we need to, I think, make the commitment and then find the dollars to actually pay for the cost of quality for all those who can't on their own.
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Businesses must always consider the cost of quality when calculating their overall budgeting for production.
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Investing in the cost of quality can lead to fewer returns and greater customer satisfaction over time.
Synonyms
Total money a company spends to make products or services work well and fix problems
Surface Forms
Morphology
The phrase is compositionally built from 'cost' (monetary amount) + 'of' + 'quality' (the standard/level of a product), so its basic meaning — the monetary costs related to quality — is directly derivable from the constituents. While specific accounting distinctions (prevention, appraisal, failure costs) are technical, the general concept is a straightforward 'cost of X' pattern common across languages, making it clear to a B1 learner who knows the component words.
Etymology
Cost of quality may come from a simple money picture: you can pay more now for good parts and careful work (the cost of good quality) or pay later for repairs when things break. So, the phrase means the total money spent both to make sure products are good and to fix them when they are not.
