cost-effective

American  

[kawst-i-fek-tiv, kost-] / ˈkɔst ɪˈfɛk tɪv, ˈkɒst- /

adjective

1. producing optimum results for the expenditure.

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cost-effective British  

adjective

1. providing adequate financial return in relation to outlay

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Other Word Forms

• cost-effectively adverb
• cost-effectiveness noun

Compare meaning

How does cost-effective compare to similar and commonly confused words? Explore the most common comparisons:

• cost-effective vs. cost-efficient

Example Sentences

If this was the case, it would impact how national health systems judge whether these drugs are cost-effective, the researchers emphasised.

From Barron's

Companies make decade-long bets on facilities, cold-chain infrastructure and next-generation platforms based on the assumption that if a product is safe, effective and cost-effective, public health agencies will consistently support its use.

From MarketWatch

Creditors often find it more cost-effective to write off smaller debts than to pursue them through the formal probate process, he said.

From The Wall Street Journal

Simple immediate or deferred-income annuities are often cost-effective, relative to bonds once mortality credits are accounted for.

From The Wall Street Journal

When backed by cost-effective storage batteries, those alternative energies now provide the quickest, most affordable means to expand electrical infrastructure in developed and developing nations.

From Salon

Related Words

• practical
• profitable
• worthwhile