COST EFFICIENCY
cost efficiency: translation
cost efficiency ˌcost efˈficiency noun cost efficiencies PLURALFORM [countable, uncountable] COMMERCE
the act of saving money by making a product or performing an activity in a better way:
• The systems offer cost efficiencies in terms of easier administration and cheaper maintenance.
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cost efficiency UK US noun
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They pinpointed the departments in which cost efficiencies were possible.