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/
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
providing good value for the amount of money spent; economical in terms of the goods or services received for the money spent
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Cost-efficient and sufficient - no need for more to be efficient!
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🌳Etymology
Origin
cost(비용)와 efficient(효율적인)가 합쳐진 합성어로, 1960년대부터 경영학과 경제학에서 본격적으로 사용되기 시작했습니다.
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“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.”
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