What is a weighted word count?
A weighted word count (also called an effective or leveraged word count) is a raw word count adjusted for how much of the text a translator actually has to translate from scratch. When a translation memory already holds a translation for a segment, the linguist reviews rather than retranslates it, so that segment is charged at a reduced rate.
CAT (Computer-Assisted Translation) tools such as Trados, Phrase and memoQ analyse each file against the translation memory and report the words in each fuzzy-match band. Applying a discount grid to those bands gives the weighted total that quotes and purchase orders are actually based on.