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cost-efficientproviding good value for the amount of money spent; economical in terms of the goods or services received for the money spent

Part of speech: ADJECTIVE

Definition: providing good value for the amount of money spent; economical in terms of the goods or services received for the money spent

Pronunciation (IPA): /ˈkɔːst ɪˈfɪʃənt/

Korean meaning: 비용 대비 효율적인, 경제적인

Korean pronunciation: **코스트** 이**피**션트

Example Sentences

  • My mom found a cost-efficient way to feed our family: buying vegetables when my dad's jokes are so bad that vendors give discounts to escape quickly.
  • Electric cars are becoming more cost-efficient as battery technology improves.
  • The company implemented a cost-efficient recycling program that reduced waste by 70%.

cost-efficient

ADJECTIVE

//ˈkɔːst ɪˈfɪʃənt//

providing good value for the amount of money spent; economical in terms of the goods or services received for the money spent

cost-efficient concept
💡 Concept

providing good value for the amount of money spent; economical in terms of the goods or services received for the money spent

cost-efficient rhyme
🎵 Rhyme

Cost-efficient and sufficient - no need for more to be efficient!

🎤Pronunciation

🇺🇸 US/ˈkɔːst ɪˈfɪʃənt/
🇬🇧 UK/ˈkɒst ɪˈfɪʃənt/

🌳Etymology

Rootcost
Suffix--efficient

Origin

cost(비용)와 efficient(효율적인)가 합쳐진 합성어로, 1960년대부터 경영학과 경제학에서 본격적으로 사용되기 시작했습니다.

🎵Rhyme

efficientsufficientdeficient
efficient
sufficient
deficient

🔗Collocations

cost-efficient solution
cost-efficient method
cost-efficient technology
highly cost-efficient
cost-efficient production
cost-efficient approach

📝Examples

😄 Fun example

My mom found a cost-efficient way to feed our family: buying vegetables when my dad's jokes are so bad that vendors give discounts to escape quickly.

Electric cars are becoming more cost-efficient as battery technology improves.

The company implemented a cost-efficient recycling program that reduced waste by 70%.

Learning to cook at home is a cost-efficient alternative to ordering takeout every night.

📚Related Words

Synonyms

economicalcost-effectivebudget-friendlyaffordablethrifty

Antonyms

expensivecostlywasteful

Related

efficientprofitablebudgetsavingseconomize

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