economic cost Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “economic cost” in the English Dictionary

"economic cost" in Business English

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economic costnoun [C or U]

uk   us   ECONOMICS
the ​cost in ​money, ​time, and other ​resources needed in ​order to do something or make something: There is always an ​economiccost to preserving ​openland. A dangerous asset-price ​bubbledeveloped and eventually burst at huge ​economiccost.
(Definition of economic cost from the Cambridge Business English Dictionary © Cambridge University Press)
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