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cost-conscious

 

Definitions from the Web

Cost-conscious

Definition

Adjective: Mindful or aware of the costs and expenses, especially when it comes to making purchasing decisions; economical.

Senses

Sense 1:

Being cost-conscious implies being highly aware of the financial implications and considering alternative options before making a purchase or financial decision. It denotes a desire to save money and spend it wisely.

Sense 2:

In a business context, cost-consciousness refers to the practice of managing expenses and reducing costs to increase profitability or achieve budgetary goals.

Examples

Example 1:

Sara is a cost-conscious shopper who always looks for the best deals and compares prices before making a purchase.

Example 2:

The company implemented cost-conscious measures such as reducing unnecessary expenses and optimizing resource allocation to improve their financial performance.

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