Dictionary
cost–effective
adjective cost–ef·fec·tive \ˈkȯst-ə-ˈfek-tiv, -ˌfek-\
: producing good results without costing a lot of money
Full Definition of COST-EFFECTIVE
: economical in terms of tangible benefits produced by money spent <cost–effective measures to combat poverty>
— cost–ef·fec·tive·ness noun
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First Known Use of COST-EFFECTIVE
1967
Other Economics Terms
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