Want to say cost-effective differently? Here are other words for cost-effective and its similar synonyms and opposite words to say in unique way.
Meaning of cost-effective
The primary meaning of "cost-effective" refers to something that achieves a desired result or provides value without excessive cost.
Etymology of cost-effective
The term "cost-effective" originated in the mid-20th century, derived from the combination of "cost" and "effective," with "cost" coming from the Old French "coste," meaning expense or expenditure, and "effective" coming from the Latin "effectivus," meaning producing a desired effect.
Synonyms
economical
efficient
affordable
budget-friendly
thrifty
prudent
frugal
reasonable
sensible
practical
wise
shrewd
astute
canny
judicious
inexpensive
cheap
low-cost
cost-efficient
financially viable
fiscally responsible
value-for-money
money-saving
penny-wise
resourceful
clever
ingenious
effective
productive
beneficial
advantageous
profitable
valuable
worthwhile
useful
gainful
rewarding
lucrative
Definitions
- Giving good value in relation to the cost involved, achieving maximum productivity with minimum expenditure.
- * Providing a desired outcome or result at a lower cost than alternative solutions or methods.
Usage Examples
- The company implemented a cost-effective solution to reduce energy consumption and lower their utility bills.
- * The new software is a cost-effective alternative to traditional methods of data analysis.
Antonyms
expensive
costly
pricey
high-cost
uneconomical
inefficient
wasteful
extravagant
profligate
imprudent
reckless
lavish
opulent
luxurious
pricey
overpriced
exorbitant
steep
inflated
unreasonable
unjustified
unwarranted
unaffordable
unfeasible