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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.ɪŋ/
(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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