cost-benefit

adjective cost-ben·e·fit \ ˈkȯs(t)-ˈbe-nə-ˌfit \

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


COST-BENEFIT Defined for English Language Learners

cost-benefit

adjective

Definition of cost-benefit for English Language Learners

  • 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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