Cost-benefit
[kawst-ben-uh-fit, kost-] /ˈkɔstˈbɛn ə fɪt, ˈkɒst-/
adjective
1.
of, relating to, or based on a cost-effective analysis.
adjective
1.
denoting or relating to a method of assessing a project that takes into account its costs and its benefits to society as well as the revenue it generates: a cost-benefit analysis, the project was assessed on a cost-benefit basis
adjective
pertaining to an analysis or study of the actual cost of a project in relation to the potential benefits that will come from it
Examples
Cost-benefit analysis tries to determine if a project is economically worthwhile.
Read Also:
- Costate
[kos-tuh t, kaw-steyt] /ˈkɒs tət, ˈkɔ steɪt/ adjective 1. Anatomy. having ribs. 2. (of mosses) having a midrib or costa. /ˈkɒsteɪt/ adjective 1. (anatomy) having ribs 2. (of leaves) having veins or ridges, esp parallel ones
- Cost-card
noun 1. . noun 1. a summary of costs involved in the production of a product.
- Cost-center
noun 1. any unit of activity, group of employees or machines, line of products, etc., isolated or arranged in order to allocate and assign costs more easily.
- Cost centre
noun 1. a unit, such as a department of a company, to which costs may be allocated for cost accounting purposes
- Cost control callback
communications A system where a computer automatically rejects incoming dial-up calls from certain telephone numbers and calls them back, with the result that the caller pays nothing for the connection. This differs from security callback in that it applies to certain phone numbers instead of to certain user names. (2003-07-13)