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cost-savings

 

Definitions from the Web

Cost-savings

Noun: Cost-savings is the act or result of reducing expenses or spending less money, typically achieved through various strategies such as budgeting, efficient operations, or negotiating lower prices.

Sample Sentence: Implementing energy-saving initiatives at home can lead to significant cost-savings on electricity bills.

Adjective: Cost-savings describes something that helps to minimize expenses or save money.

Sample Sentence: The cost-savings measures introduced by the company resulted in higher profits during the fiscal year.

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