cost-benefit

adjective

cost-ben·​e·​fit ˈkȯs(t)-ˈbe-nə-ˌfit How to pronounce cost-benefit (audio)
: of, relating to, or being economic analysis that assigns a numerical value to the cost-effectiveness of an operation, procedure, or program

Examples of cost-benefit in a Sentence

Recent Examples on the Web And while the specifics of cost-benefit analysis discourse surely shift between a boardroom and the local strip club to which Black Sabbath reportedly brought fresh prints of their tracks to play while recording Heaven and Hell, a cost-benefit analysis of a certain kind was conducted. Paul Fitzgerald, Rolling Stone, 5 Mar. 2024 This could come down to simple cost-benefit analyses: Aspiring accountants essentially need five years of college to earn a Certified Public Accountant license. Jo Constantz, Fortune, 1 Mar. 2024 So are decision matrices, pros and cons lists, and cost-benefit analyses that can help structure your thinking and bring a more rational perspective to your decisions. Bryce Hoffman, Forbes, 19 Feb. 2024 The latter could influence cost-benefit analyses of companies looking to open shop in Arizona. Brandon Loomis, The Arizona Republic, 8 Feb. 2024 Climate impacts are now part of the cost-benefit analysis of new regulations, factored into economic growth projections and reflected in budget forecasts. Lydia Depillis, New York Times, 23 Jan. 2024 The cost-benefit ratio of computer vision is most favorable in segments like retail, transportation and warehousing, all areas where Walmart Inc. and Amazon.com Inc. are prominent. Saritha Rai, Fortune, 22 Jan. 2024 Recreation also factors into cost-benefit analyses for existing dams, Warrick said. Alka Tripathy-Lang, Ars Technica, 11 Jan. 2024 For example, a recent informal report from the Congressional Budget Office concluded that while current evidence suggests the cost of these new medications exceeds savings from improved health, the cost-benefit picture remains incomplete with long-term trials underway. Daniel Weiner, STAT, 8 Jan. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'cost-benefit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1942, in the meaning defined above

Time Traveler
The first known use of cost-benefit was in 1942

Dictionary Entries Near cost-benefit

Cite this Entry

“Cost-benefit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cost-benefit. Accessed 19 Mar. 2024.

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