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cost saving

Syllabification: cost sav·ing

Definition of cost saving in English:

noun

A reduction in expenses, especially in business: the consolidation of these manufacturing facilities will deliver significant cost savings
More example sentences
  • Very often a business will benefit from a cost saving by relocating or changing the number of warehouses it has in operation.
  • If the conventional therapy turned out to be unnecessary, then the cost saving would be tremendous.
  • There would be an overall cost saving of approximately $20,000 each year.

adjective

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Serving to reduce expenses, especially in business: research into cost-saving technologies cost-saving measures
More example sentences
  • The company says the job cuts are not a cost-saving plan but simply a "refocussing of resources".
  • The data allow you to find cost-saving opportunities and provide a means to measure your progress.
  • To trim utility bills, follow these cost-saving tips.

Definition of cost saving in:

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