cost-efficient — providing 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/
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
providing good value for the amount of money spent; economical in terms of the goods or services received for the money spent
Cost-efficient and sufficient - no need for more to be efficient!
Got the picture? Now let's practice.
🎤Pronunciation
🌳Etymology
Origin
Cost-efficient is a compound term that emerged in the 1960s from business and economics literature. It combines 'cost' (from Latin constare, meaning 'to stand' or 'to be priced') and 'efficient' (from Latin efficere, meaning 'to accomplish' or 'to bring about'). The compound developed as business terminology to describe economically effective solutions.
Breakdown
cost (Latin constare: con- 'together' + stare 'to stand', originally 'what it costs to obtain') + efficient (Latin efficere: ex- 'out' + facere 'to make/do', meaning 'producing desired results').
🎵Rhyme
🔗Collocations
📝Examples
“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
Want to master 27,000+ words?
Sign up free for flashcards & quizzes.