cost-benefit analysis Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “cost-benefit analysis” in the English Dictionary

"cost-benefit analysis" in Business English

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cost-benefit analysisnoun [C or U]

uk   us   ( abbreviation CBA)
ECONOMICS the ​process of comparing the ​costs involved in doing something to the ​advantage or ​profit that it may ​bring: The cost-benefit ​analysisfound that ​employingapprentices can ​save a ​company up to 15% in ​labourcosts on large-scale ​projects.
(Definition of cost-benefit analysis from the Cambridge Business English Dictionary © Cambridge University Press)
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