136 Another Word for Expense Reduction? – Expense Reduction Synonyms & Antonyms

Want to say expense reduction differently? Here are other words for expense reduction and its similar synonyms and opposite words to say in unique way.


Meaning of expense reduction

The primary meaning of "expense reduction" refers to the act of decreasing or minimizing expenses, often to achieve financial savings or improve efficiency.

Etymology of expense reduction

The term "expense reduction" is derived from the words "expense" (from Old French "espense", from Latin "expensum", past participle of "expendere", to weigh out or pay out) and "reduction" (from Latin "reductio", from "reducere", to lead back).
Historically, the concept of expense reduction has been practiced in various forms, but the modern term gained prominence in the context of business management and finance in the 20th century.

Synonyms

cost reduction savings economy thrift frugality parsimony austerity cutback retrenchment downsizing streamlining restructuring reorganization consolidation rationalization optimization efficiency productivity cost savings expense control budgeting financial management fiscal responsibility prudence restraint moderation temperance economization curtailment reduction diminution lessening lowering decrease decrement cut slash trimming paring pruning cost cutting expenditure reduction outlay reduction disbursement reduction outgo reduction

Definitions

  • The act of reducing expenses, especially in a business or organization, in order to improve financial performance or achieve savings.
  • * The process of identifying and implementing ways to minimize costs, optimize resources, and maximize efficiency.

Usage Examples

  • The company implemented an expense reduction program to cut costs and stay competitive in the market.
  • * The new management team focused on expense reduction and process optimization to improve the company's bottom line.
  • * The government launched an initiative to promote expense reduction and energy efficiency in public buildings.

Antonyms

cost increase expense escalation expenditure growth financial expansion budget augmentation spending escalation profligacy extravagance wastefulness lavishness squandering dissipation improvidence recklessness excess surplus abundance affluence opulence luxury prodigality wasteful spending unnecessary expenditure frivolous spending

Related Adjectives

cost-effective efficient productive economical frugal parsimonious austere prudent responsible moderate temperate restrained thrifty cheap inexpensive low-cost reduced minimized decreased lowered diminished lessened

Related Nouns

budget cost expense expenditure outlay disbursement savings economy efficiency productivity optimization restructuring reorganization consolidation rationalization streamlining downsizing cutback retrenchment austerity frugality parsimony

Related Verbs

reduce cut slash trim pare prune minimize decrease lower diminish lessen curtail retrench downsize streamline restructure reorganize consolidate rationalize optimize improve enhance increase
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