cost cutting
14
3.0
- noun
- /kɔst ˈkʌtɪŋ/
:
reducción de costos
- After reviewing the budget, the manager implemented several cost cutting strategies to reduce unnecessary expenses.
- cost cutting measures
- cost cutting strategy
- cost cutting approach
This is another example of the cost cutting going on at NBC.
- This is another example of the cost cutting going on at NBC.
- But with that said, there's proof of this car's kind of cost cutting, cheap interior.
- We care about growth and sales, and we care about cost cutting.
Examples
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Increasing class size is often seen as a quick and convenient cost-cutting strategy.
Academic text (2016) -
All participants in the system would benefit from identifying cost-cutting measures.
Academic text (2016) -
This is another example of the cost cutting going on at NBC.
-
This is a piece of cost cutting that Volkswagen has been doing for years.
-
Under conditions of declining budgets, spending less on resources such as equipment and supplies is a common cost-cutting strategy.
Academic text (2010) -
A true economic partnership should provide the hospital and physicians with equal rewards for their cost-cutting efforts.
Academic text (1994) -
Competition within the aquaculture industry is intense, and with depressed prices, corporate attention has turned toward cost-cutting measures.
Academic text (2003) -
BP Amoco said its profits more than doubled because of rising oil prices and cost-cutting measures.
Academic text (2000) -
Even community colleges are limiting student enrollments and reducing course sections as cost-cutting measures (Blumenstyk, 1991).
Academic text (1994) -
In a new cost-cutting initiative, residents in Ottawa-Carleton are separating their recyclables into two curbside containers.
Academic text (1999)
Synonyms
79
3.3
A decision by a government or organization to use less money
57
2.8
Less money given to a department or service in a budget
52
3.7
A smaller amount of money or resources that an organization uses to lower costs
2
8.1
A cut in spending by a business or government to save money
The act of reducing spending and using resources better to save money
Antonyms
How Extensive
Surface Forms
Morphology
The meaning 'the process of reducing expenses' is directly and compositionally derived from combining 'cost' (expenses) with 'cutting' (reducing or removing), so a learner who knows both words can infer the phrase. This noun phrase formation and the logic of reducing costs is cross-linguistically common and follows standard English compounding patterns, making it immediately comprehensible to B1 learners.
Etymology
Cost cutting comes from a simple image: imagine using a knife or scissors to cut away parts you do not need, where you are cutting away costs. So, it means 'to reduce expenses' for a company or organization.