cost-benefit

adjective
cost-ben·​e·​fit | \ ˈkȯs(t)-ˈbe-nə-ˌfit How to pronounce cost-benefit (audio) \

Definition of cost-benefit

: of, relating to, or being economic analysis that assigns a numerical value to the cost-effectiveness of an operation, procedure, or program

First Known Use of cost-benefit

1942, in the meaning defined above

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The first known use of cost-benefit was in 1942

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Cite this Entry

“Cost-benefit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cost-benefit. Accessed 21 Sep. 2020.

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More Definitions for cost-benefit

cost-benefit

adjective
How to pronounce cost-benefit (audio)

English Language Learners Definition of cost-benefit

business : of or relating to the study of how much money a company earns compared to how much money it spends

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