Meaning of “cost analysis” in the English Dictionary

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"cost analysis" in Business English

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cost analysisnoun [ C or U ]

uk us

FINANCE the process of examining the cost of doing something in order to make comparisons and to plan for the future:

According to a cost analysis, construction of the library at today's costs will run to about $198 million.

(Definition of “cost analysis” from the Cambridge Business English Dictionary © Cambridge University Press)