Definition of cost cutting
- The company needs to do some cost cutting.
: the amount or equivalent paid or charged for something : price
: the outlay or expenditure (as of effort or sacrifice) made to achieve an object
: loss or penalty incurred especially in gaining something
: to require expenditure or payment
: to require effort, suffering, or loss
: to have a price of
: something cut or cut off or out: such as
: a plant section originating from stem, leaf, or root and capable of developing into a new plant
: given to or designed for cutting
: marked by sharp piercing cold
: inclined or likely to wound the feelings of others especially because of a ruthless incisiveness
What made you want to look up cost cutting? Please tell us where you read or heard it (including the quote, if possible).