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to cut costs

to cut costs

30 3.0
To spend less money to save or make more money
  • phrasal verb
  • /kʌt kɔsts/
translation icon : recortar gastos
  • I want each of you to examine your department and see where you can cut costs.
  • cut costs and increase productivity
  • cut production costs
  • cut costs by outsourcing

They can replace people with AI and that by cutting costs, they're going to make more money.

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Examples

  • The analysis emphasizes the need to cut costs, increase productivity, and increase sales with competitive pricing.

    Academic text (2012)
  • McNally predicts that adding the second box will cut collection costs by $1 million annually.

    Academic text (1999)
  • But only if I cut production costs by half.

  • We were told to cut costs.

  • In fact, to cut costs, Twitter has not paid rent for any of its global offices for weeks.

  • Similarly, agencies could cut costs and achieve more efficient rulemaking by consulting with interested parties.

    Academic text (1995)
  • "CAD/CAM was invented to cut costs and save time over manual methods," Nanno said.

    Academic text (1994)
  • The McDonald brothers had a very successful drive-in, but they decided to cut costs and simplify.

  • It seems like everything is more expensive these days, so you'd be wise to find proven ways to cut cost and boost performance at the same time.

  • To stay competitive, the company must cut costs by streamlining its operations.

Synonyms

to save
vsto cut costs
644 1.0

Use less of something to avoid waste

is specifically about reducing outlays to improve efficiency or profits
to cut back
vsto cut costs
169 2.9

To reduce how much you buy and use to save money and be healthier

focuses on lowering outlays to improve efficiency or profits
to cut back on
vsto cut costs
75 3.2

Use less of something to save money or be healthier

targets financial reductions to boost efficiency or profitability
to cut down
vsto cut costs
65 2.7

To make something smaller in amount or number

aims specifically to lower financial outlay for efficiency or profit
to downsize
vsto cut costs
  • Jargon
26 4.4

Reduce the number of staff in a company to save money

targets general spending reductions rather than focusing on staff numbers
to economize
vsto cut costs
  • US
7 5.0

Use money or resources carefully to avoid waste

is focused on lowering spending to increase efficiency or profitability
to retrench
vsto cut costs
  • Formal
5 8.1

To reduce spending because of money problems

aims at lowering outgoings to improve efficiency rather than only from hardship
to drive down costs
vsto cut costs
4 3.3

To reduce expenses in a company or organization

focuses on lowering spending to improve efficiency or profitability
to slash spending
vsto cut costs
4 4.2

To cut the amount of money a person or group uses by a lot

means lowering outlays but usually less extremely and for profit reasons
to curtail spending
vsto cut costs
1 4.3

To spend less money to save or avoid debt

is aimed at improving efficiency or profitability rather than debt avoidance
to prune the budget
vsto cut costs
4.9

To cut spending by removing unnecessary costs from a budget

is broader, reducing overall spending to boost efficiency or profit

Antonyms

To increase the money available for a project or plan

How Much

to eliminate
  • NSFW
502 3.4
to cut costs
30 3.0

Surface Forms

cut costs infinitive
cut costs past
cut costs past participle
cutting costs present participle
cuts costs third person singular

Morphology

cut + cost

The meaning 'to reduce the amount of money spent' is directly and transparently derived from combining 'cut' (to reduce/remove) with 'costs' (amounts of money spent). This verb + noun compositional pattern is straightforward and common across languages, so a B1 learner who knows both words would readily infer the MWE meaning.

Etymology

Cut costs comes from the simple image of using scissors to trim away parts of a plan or budget. The word cut means to remove and costs are the money you spend, so the phrase means 'to reduce the amount of money spent'.