From Longman Dictionary of Contemporary Englishcost-effectiveˈcost-efˌfective, cost effective adjective BBEFFICIENTbringing the best possible profits or advantages for the lowest possible costscost-effective way of doing something the most cost-effective way of reducing carbon dioxide emissions The procedure is quick, easy to use, and cost effective. —cost-effectively adverb —cost-effectiveness noun [uncountable]
Examples from the Corpus
cost-effective• Nursery and child-minding facilities should be introduced if there appears to be a level of demand which would make it cost-effective.• They are also cost-effective and labour-saving as they can be changed weekly.• How can that possibly be cost-effective in terms of the operation of a paratroop battalion?• Fourth, intervention by government is assumed to be cost-effective, meaning that objectives are achieved at minimum cost to the taxpayer.• New, more cost-effective plans should be available June 1, he said.• This is therefore likely to encourage clinicians to search for more cost-effective procedures.• MiLAN is committed to providing cost-effective solutions for networked Unix users.• a cost-effective way to reduce pollution• This, they argue, offers the most cost-effective way to serve patients.From Longman Business Dictionarycost-effectiveˌcost-efˈfective adjective bringing the best possible advantages in relation to costsPrivate banking isn’t cost-effective for the consumer with less than about $200,000, as those customers can get most basic services at lower fees from regular banks. 