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Cost-effective - Definition, Meaning & Synonyms - Vocabulary.com
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Understanding Cost-Effectiveness: Definition, Examples, and Importance
Cost-effectiveness refers to the ability of an action, program, or investment to produce desired outcomes relative to its cost. It is a critical concept in business, economics, and public policy, where organizations seek to achieve maximum benefits from limited resources.
Cost–effective Definition & Meaning | Britannica Dictionary
[more cost–effective; most cost–effective] : producing good results without costing a lot of money They need a more cost-effective [= economical ] way to store data.
COST-EFFECTIVE | English meaning - Cambridge Dictionary
COST-EFFECTIVE definition: 1. If an activity is cost-effective, it is good value for the amount of money paid: 2. If an…. Learn more.
Cost-effective Definition & Meaning - Merriam-Webster
The meaning of COST-EFFECTIVE is producing good results without costing a lot of money. How to use cost-effective in a sentence.
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