cost saving

noun, adj — 2 senses

cost saving

nounalso spelled cost-saving
1

a reduction in costs, which can be achieved by buying at a lower price, or by cost-cutting measures.

Related terms
cost cutting

cost-saving

adj
1

Relating to a reduction in expenditure.

  • Wales: Bangor: The recently restored station has had its two notable chimney stacks reinstated thanks to financial support from the Railway Heritage Trust. They had been removed in the 1980s as a cost-saving exercise.2019 November 20, “Regional News”, in Rail, page 29:

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — authors: page histories for cost saving and cost-saving.