Meaning of the word cost-effective in English
What does cost-effective mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
cost-effective
US /ˌkɔst ɪˈfɛktɪv/
UK /ˌkɒst ɪˈfɛktɪv/
Adjective
producing good results for the amount of money spent
Example:
•
Investing in energy-efficient appliances is a cost-effective way to save money.
•
The company is looking for cost-effective solutions to reduce operational expenses.
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