Meaning of “cost-shifting” in the English Dictionary


"cost-shifting" in Business English

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cost-shiftingnoun [ U ]

uk us

a situation in which the price of one product or service is higher than it should be, in order to pay for losses on another product or service for which the price is too low:

Some question the practice of cost-shifting, whereby hospitals charge insured patients extra to offset the cost of treating some patients for free.

(Definition of “cost-shifting” from the Cambridge Business English Dictionary © Cambridge University Press)