cost-effective

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.

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See cost-effective in Webster's New World College Dictionary

adjective

producing good results for the amount of money spent; efficient or economical

Related Forms:

See cost-effective in American Heritage Dictionary 4

adjective
Economical in terms of the goods or services received for the money spent.

Related Forms:

  • costˌ-ef·fecˈtive·ly adverb
  • costˌ-ef·fecˈtive·ness noun

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