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

cost′-ef·fec′tive·ly adv.
cost′-ef·fec′tive·ness n.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.


1. (Accounting & Book-keeping) in a cost-effective way; efficiently
2. (Commerce) in a cost-effective way; efficiently
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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