Definition of cost saving in English:

cost saving

Syllabification: cost sav·ing

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.

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Pronunciation: ˈtɔːtiː
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