The definition of cost effective is something that is a good value, where the benefits and usage are worth at least what is paid for them.adjective
An example of cost effective is using VOIP to talk on the phone long distance.YourDictionary definition and usage example. Copyright © 2013 by LoveToKnow Corp.
- cost-effectiveness noun
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- costˌ-ef·fecˈtive·ly adverb
- costˌ-ef·fecˈtive·ness noun