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From Longman Dictionary of Contemporary English
Related topics: Business basics
cost-effectiveˈcost-efˌfective, cost effective adjective  BBEFFICIENTbringing the best possible profits or advantages for the lowest possible costscost-effective way of doing something the most cost-effective way of reducing carbon dioxide emissions The procedure is quick, easy to use, and cost effective.cost-effectively adverbcost-effectiveness noun [uncountable]
Examples from the Corpus
cost-effectiveNursery and child-minding facilities should be introduced if there appears to be a level of demand which would make it cost-effective.They are also cost-effective and labour-saving as they can be changed weekly.How can that possibly be cost-effective in terms of the operation of a paratroop battalion?Fourth, intervention by government is assumed to be cost-effective, meaning that objectives are achieved at minimum cost to the taxpayer.New, more cost-effective plans should be available June 1, he said.This is therefore likely to encourage clinicians to search for more cost-effective procedures.MiLAN is committed to providing cost-effective solutions for networked Unix users.a cost-effective way to reduce pollutionThis, they argue, offers the most cost-effective way to serve patients.
From Longman Business Dictionarycost-effectiveˌcost-efˈfective adjective bringing the best possible advantages in relation to costsPrivate banking isn’t cost-effective for the consumer with less than about $200,000, as those customers can get most basic services at lower fees from regular banks.
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