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cost-effective

 

Definitions from WordNet

Adjective cost-effective has 1 sense
  1. cost-efficient, cost-effective - productive relative to the cost
    Antonym: inefficient (indirect, via efficient)

Definitions from the Web

Cost-effective

Part of Speech: Adjective

Sense 1: Providing the best value for the money spent.

Example sentence: The cost-effective solution for our office was to purchase refurbished computers instead of brand new ones.

Sense 2: Economical or efficient in terms of cost and benefits.

Example sentence: Using energy-efficient light bulbs is a cost-effective way to reduce electricity bills.

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