Want to say value-for-money initiatives differently? Here are other words for value-for-money initiatives and its similar synonyms and opposite words to say in unique way.
Meaning of value-for-money initiatives
The primary meaning of "value-for-money initiatives" refers to efforts or programs designed to provide the best possible value or return on investment, ensuring that resources are used efficiently and effectively.
Etymology of value-for-money initiatives
The term "value" comes from the Old French word "valour", meaning "worth" or "value", which is derived from the Latin "valere", meaning "to be worth" or "to be strong".
"Money" originates from the Old French word "moneie", which is derived from the Latin "moneta", referring to a mint or a place where coins are made.
The phrase "value-for-money" is a modern concept, emphasizing the importance of cost-effectiveness and efficiency in various aspects of life.
Synonyms
Definitions
- The phrase "value-for-money" is defined by Oxford Languages as "giving good value in relation to the price or cost".
- * Initiatives are defined as "a new or fresh approach to something, or a plan or program intended to solve a problem or improve a situation".
Usage Examples
- The company implemented value-for-money initiatives to reduce costs and increase productivity.
- * The government launched a series of value-for-money initiatives to improve public services and reduce waste.
- * The new policy aims to provide value-for-money solutions for low-income families.