cost-saving

Reducing financial outlay

Cost-saving describes something that reduces expenses: cost-saving measures, cost-saving technology.

As a noun, a cost saving (or cost savings) is money not spent that otherwise would have been: The new system produced significant cost savings.

The hyphenated form typically modifies nouns; unhyphenated forms work as nouns.

frugality

budgeting

Allocating funds systematically

cutbacks · discounts · bargains · reductions · austerity · parsimony · cheapness · minimalism · conservation · sensible

efficiency

streamlining

Making more aerodynamic or efficient

outsourcing · consolidation · restructuring · downsizing · simplification · retrenchment · productivity · workflow · standardization · renegotiation

financial

ROI

Profit-to-cost ratio

cashflow · budget · fiscal · overhead · capital · expenditure · break-even · depreciation · amortization · scalability

sustainability

eco-friendly

Not harming the environment

energy-efficient · recycling · upcycling · solar · insulation · paperless · LED · composting · carpooling · telecommuting

Opposites
financial impact

cost-savingcostly

High in price

expensive · wasteful · extravagant · uneconomical · profligate

spending behavior/approach

cost-savingextravagant

Exceeding sensible bounds

lavish · profligate · spendthrift · wasteful · splurging

Family

save, cost, saving, costs, savings, costly, savior, salvage, accost

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Positive · Everyday, not technical · Rated G