cost cutting
Pronunciation
/kˈɔst kˈʌɾɪŋ/
cost-cutting

Definition & Meaning of "cost cutting"in English

Cost cutting
01

the practice of reducing expenses or overhead in order to increase profitability or save money

Grammatical Information
Animacy status
Abstract
Composition
Compound
Uncountable
Examples
The manufacturing plant automated certain processes to achieve cost cutting in labor expenses.
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