cost-effective Meaning in the Cambridge English Dictionary
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Meaning of “cost-effective” in the English Dictionary

"cost-effective" in British English

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cost-effectiveadjective

uk   /ˌkɒst.ɪˈfek.tɪv/  us   /ˌkɑːst-/
If an ​activity is cost-effective, it is good ​value for the ​amount of ​moneypaid: It wouldn't be cost-effective to ​buy an ​expensive new ​computer when all you ​want to do is ​storeyourphotos.
(Definition of cost-effective from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"cost-effective" in American English

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cost-effectiveadjective

 /ˈkɔst·ɪˌfek·tɪv, ˈkɑst-/
providing good ​value for the ​amountpaid: It’s not cost-effective to ​heat the ​wholebuilding if only three ​people are ​working here.
(Definition of cost-effective from the Cambridge Academic Content Dictionary © Cambridge University Press)

"cost-effective" in Business English

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cost-effectiveadjective

uk   us   /ˌkɒstɪˈfektiv/ (also cost-efficient)
cost-effective ​methods or ​processesbring the greatest possible ​advantage or ​profit when the ​amount that is ​spent is considered: In many ​casesoutsourcingjobs has been shown to be not cost-effective. cost-effective ​measures/​plans/​programmes
cost-effectiveness
noun [U] (also cost efficiency)
We need to ​determine the cost-effectiveness of these ​emergingtechnologies.
cost-effectively
adverb
How do you ​promote and ​sell your ​product cost-effectively?
(Definition of cost-effective from the Cambridge Business English Dictionary © Cambridge University Press)
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