Definition of cost saving in English:

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cost saving

noun

A reduction in expenses, especially in business: the consolidation of these manufacturing facilities will deliver significant cost savings
More example sentences
  • Your time is worth more than the $15 cost savings.
  • The program helped them achieve total cost savings of $364 million.
  • This pan-European organization should result in cost savings for the company.

adjective

Serving to reduce expenses, especially in business: research into cost-saving technologies cost-saving measures
More example sentences
  • Taking some of the training in-house might be a cost-saving option, particularly for courses which are given regularly.
  • Continued cost-saving methods kept the expenses low.
  • For homes or businesses that require constant illumination, tubular skylights present a cost-saving option.
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