Definition, Meaning & Synonyms

crb

Acronym
/siːˌɑːrˈbiː/
Definition
CRB stands for ‘Cost Recovery Benefit’ or can refer to various specific acronyms in different contexts, but it is not a commonly recognized word in the English dictionary as a standalone term.
Examples
  • The CRB report highlighted the expenses involved in the project.
  • The company implemented a CRB strategy to improve overall profitability.
  • Understanding the CRB can help businesses make informed financial decisions.
Meaning
In financial contexts, CRB typically relates to benefits or measures associated with recovering costs; however, its usage may vary based on the industry or field.
Synonyms
  • Cost Recovery
  • Profit Recovery