Meaning of the word "cost saving" in English
What does "cost saving" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
cost saving
US /ˈkɔst ˌseɪ.vɪŋ/
UK /ˈkɒst ˌseɪ.vɪŋ/
Noun
a reduction in expenses
Example:
•
Implementing the new software led to significant cost savings for the company.
•
We are looking for ways to achieve further cost savings.
Adjective
resulting in a reduction of expenses
Example:
•
The company implemented several cost-saving measures.
•
Switching to LED lighting was a smart cost-saving decision.
Related Word: