Definition of “cost-effective” - English Dictionary

(Definition of “cost-effective” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“cost-effective” in American English

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/ˈkɔst·ɪˌfek·tɪv, ˈkɑst-/

providing good value for the amount paid:

It’s not cost-effective to heat the whole building 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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uk /ˌkɒstɪˈfektiv/ us also cost-efficient

cost-effective methods or processes bring the greatest possible advantage or profit when the amount that is spent is considered:

In many cases outsourcing jobs has been shown to be not cost-effective.
cost-effective measures/plans/programmes
noun [ U ] also cost efficiency

We need to determine the cost-effectiveness of these emerging technologies.

How do you promote and sell your product cost-effectively?

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