Cost-effective
Definition, Meaning & Examples
Part of speech adjective
Quick meaning: Cost-effective is an adjective meaning Returning a benefit that justifies the initial investment; economical.
Meaning
Returning a benefit that justifies the initial investment; economical.
Example Sentences
"Secondly, we have to find more cost-effective ways of electrifying. And we've had a real breakthrough in the last couple of years in terms of bridge clearances and immunisation, meaning we've been able to take hundreds of millions of pounds off the cost of electrification.
Related Words
Related dictionary entries include cost-efficient, affordable, cost-cutting, efficient, worthwhile, successful.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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