cost-cutting Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “cost-cutting” in the English Dictionary

"cost-cutting" in British English

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cost-cuttingnoun [U]

uk   /ˈkɒstˌkʌt.ɪŋ/  us   /ˈkɑːstˌkʌt̬-/
actions taken to ​reduce the ​amount that is ​spent on a ​service or within an ​organization: The ​recovery was ​achieved in the ​old-fashioned way, with cost-cutting and ​priceincreases. a cost-cutting ​exercise cost-cutting ​measures
(Definition of cost-cutting from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"cost-cutting" in Business English

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cost-cuttingnoun [U]

uk   us   /ˈkɒstˌkʌtɪŋ/
the ​process of ​reducing how much a ​company or ​organizationspends: Restructuring and cost-cutting has ​led to an ​increase in ​annualearnings for the ​industry.
cost-cutting
adjective [before noun]
cost-cutting ​measures/​plans/​programmes
cost cut
noun [C]
Council ​costcuts will ​meanjoblosses in the ​area.
(Definition of cost-cutting from the Cambridge Business English Dictionary © Cambridge University Press)
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“cost-cutting” in Business English

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