cost control Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “cost control” in the English Dictionary

"cost control" in Business English

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cost controlnoun [C or U]

uk   us   (also cost containment)
ACCOUNTING the ​process of ​controlling how much a ​company or ​organizationspends so that ​costs are not greater than an ​agreedbudget, or a particular ​method that is used to do this: costcontrolmeasures/​strategies There are ways to encourage ​costcontrols while still ​maintainingquality of ​service.
(Definition of cost control from the Cambridge Business English Dictionary © Cambridge University Press)
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