low-cost Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "low-cost" - Business English Dictionary

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
social security

a system of payments made by the government to people who are ill, poor, or who have no job

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

responsible luxury noun
responsible luxury noun
August 03, 2015
high-end, green tourism and hospitality Jumeirah’s ‘responsible luxury’ approach is an example of a sustainable travel experience – future guests will enjoy the environment as much as today’s.

Read More