Definition, Meaning & Synonyms
cost-effectively
adverb
/kɒst ɪˈfɛktɪvli/
Definition
In a manner that achieves good results without unnecessary expenditure.
Examples
- They managed to complete the project cost-effectively by using available resources wisely.
- The company aims to deliver services cost-effectively to maximize profit margins.
Meaning
The term describes actions or processes that provide the desired outcome while minimizing costs and enhancing efficiency.
Synonyms
- economically
- efficiently
- affordably
