cost-benefit

adjective

cost-ben·​e·​fit ˈkȯs(t)-ˈbe-nə-ˌfit How to pronounce cost-benefit (audio)
: of, relating to, or being economic analysis that assigns a numerical value to the cost-effectiveness of an operation, procedure, or program

Examples of cost-benefit in a Sentence

Recent Examples on the Web
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This can improve the cost-benefit analysis of adopting AI, clarifying its impact on your bottom line. Vall Herard, Forbes, 10 Dec. 2024 Other supporters cited a recent cost-benefit analysis by the state Department of Water Resources, which concluded that building the tunnel would deliver water at lower cost than investments in seawater desalination, wastewater recycling or stormwater capture. Ian James, Los Angeles Times, 21 Nov. 2024 Any economist could understand the cost-benefit analysis here. Matt Robison, Newsweek, 21 Nov. 2024 Effective policy design should include a thorough cost-benefit analysis to ensure that the implementation is economically viable and does not impose undue financial strain on building owners or the public sector. Ali Hoss, Forbes, 21 Nov. 2024 See all Example Sentences for cost-benefit 

Word History

First Known Use

1942, in the meaning defined above

Time Traveler
The first known use of cost-benefit was in 1942

Dictionary Entries Near cost-benefit

Cite this Entry

“Cost-benefit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cost-benefit. Accessed 21 Dec. 2024.

Last Updated: - Updated example sentences
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