The pricing model where translation expenses are calculated based on the number of words in the source document is a common practice in the language industry. For example, a client with a 1,000-word document might pay \$0.10 per word, resulting in a total translation cost of \$100. This methodology offers a quantifiable and seemingly transparent way for clients to understand and budget for their translation needs.
This method provides a relatively simple way to compare quotes from different Language Service Providers (LSPs). Historically, it gained traction as a standardized measure, moving away from more subjective or time-based pricing structures. Its widespread adoption simplifies project estimation and allows for easier cost forecasting, benefitting both clients seeking clarity and LSPs aiming for consistent pricing.