Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English


English definition of “economies of scale”

economies of scale

noun [plural]     ECONOMICS, PRODUCTION
the reduction of production costs that is a result of making and selling goods in large quantities , for example , the ability to buy large amounts of materials at reduced prices : Big public companies frequently enjoy economies of scale and dominant market shares .achieve/benefit from/create economies of scale Selling to a global market would enable us to achieve huge economies of scale . → Compare diseconomies of scale
(Definition of economies of scale noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of economies of scale

Word of the Day


to pour liquid slowly over something, especially in a thin line or in small drops

Word of the Day


Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More