low-cost - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “low-cost”

See all translations

low-cost

adjective [before noun]
 
 
/ˌləʊˈkɒst/ US   /-ˈkɑːst/ ( also lower-cost)
COMMERCE, FINANCE cheap, or not costing as much as other things of the same type: As new low-cost competitors from Asia and eastern Europe have entered the global marketplace, Britain's manufacturers have been forced to move upmarket. Around 60% of the companies surveyed had some of their IT work done in low-cost countries.low-cost airlines/carriers/flights Another low-cost airline went bust after expanding too fast. There is pressure on capital cities to provide low-cost housing for its nurses and teachers. low-cost credit cards/mortgages/loans low-cost energy/electricity low-cost labour/manufacturing/production
Translations of “low-cost”
in Chinese (Traditional) 低成本的, 便宜的,廉價的…
in Chinese (Simplified) 低成本的, 便宜的,廉价的…
(Definition of low-cost from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of low-cost?
Add Cambridge dictionaries to your browser to your website

Definitions of “low-cost” in other dictionaries

Word of the Day

prime time

in television and radio broadcasting, the time when the largest number of people are watching or listening

Word of the Day

The language of elections

by Liz Walter,
April 22, 2015
On May 7th, citizens of the UK will be going to the polls (having an election) to decide who will form the next government. This kind of election is known as a general election. The country is divided into 650 areas, called constituencies. Each constituency elects a member of parliament (MP) to

Read More 

e-juice noun

April 27, 2015
the liquid content in an e-cigarette, which includes nicotine and may be flavoured in various ways Cannabidiol oil that comes from industrial hemp plants, which is what is infused into our e-juice, is 100 per cent legal.

Read More