cost-effective
English → English
adj//ˌkɒst ɪˈfektɪv//
(finance) Good value: producing good results without costing a lot of money
Switching to LED bulbs is a cost-effective way to reduce the office electricity bill.
(English) Switching to LED bulbs is a cost-effective way to reduce the office electricity bill.
The company decided that repairing the old van was not cost-effective compared to buying a new one.
(English) The company decided that repairing the old van was not cost-effective compared to buying a new one.
Entry ID: en:en:cost-effective · Source: refined · Type: vocabulary