World Languages Lexicon
10 Language-to-English DictionariesCost-Management
/kɔːst ˈmænɪdʒmənt/Comprehensive Definitions & Senses
2 senses- 1
The process of planning and controlling the budget of a business or project.
"Effective cost-management strategies can significantly enhance a company's profitability." - 2
A set of practices aimed at minimizing costs while maximizing value.
"The organization implemented new cost-management techniques to reduce waste and improve efficiency."
Thesaurus & Semantic Spectrum
Linguistic Origin & Historical Etymology
The term 'cost-management' is derived from the combination of 'cost', originating from the Latin 'costa' meaning 'rib' or 'side', which evolved to refer to expenses, and 'management', from the Italian 'maneggiare', meaning 'to handle'. The term has evolved in the context of business and finance since the late 20th century to denote the process of planning and controlling the budget of a business.
Which of the following is the closest synonym for "Cost-Management"?
10 Global Lexicons: How "Cost-Management" is said worldwide
Click any language below to open its dedicated Language to English dictionary page with native script & transliteration
Gestion des coûts
Transliteration: zhe-syon day koo
"La gestion des coûts est essentielle pour la rentabilité de l'entreprise."
Kostenmanagement
Transliteration: Koh-sten-mah-nah-zhment
"Effektives Kostenmanagement kann die Rentabilität steigern."
Gestione dei costi
Transliteration: jes-tyo-neh day-ee koh-stee
"La gestione dei costi è fondamentale per il successo dell'azienda."
Gestión de costos
Transliteration: hes-tyon deh koh-stos
"La gestión de costos es crucial para la rentabilidad."
Gestão de custos
Transliteration: jes-tow deh koos-tos
"A gestão de custos é vital para o sucesso do negócio."
लागत प्रबंधन
Transliteration: Laagat prabandhan
"लागत प्रबंधन व्यवसाय की सफलता के लिए आवश्यक है।"
成本管理
Transliteration: Chéngběn guǎnlǐ
"有效的成本管理可以提高公司的盈利能力。"
비용 관리
Transliteration: biyong gwanri
"효과적인 비용 관리는 회사의 수익성을 높일 수 있습니다."
コスト管理
Transliteration: Kosuto kanri
"効果的なコスト管理は企業の収益性を向上させることができます。"
Related Vocabulary Words to Explore
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