WordNet-Online
| ||||
Definitions from the WebCost-shiftingDescription:Cost-shifting refers to the practice of transferring or reallocating financial burdens from one entity or group to another, typically shifting expenses to a less powerful or vulnerable party. This term is often used in economics, healthcare, and legal contexts to describe the redistribution of costs among different stakeholders. Sample Sentences:1. Noun - Economic sense: Cost-shifting in the healthcare industry occurs when uninsured patients are unable to pay their medical bills, causing hospitals to shift the burden of these uncompensated costs onto insurance companies and ultimately increasing premiums for all policyholders. 2. Verb - Legal sense: The company decided to cost-shift its environmental liabilities onto its subsidiaries in order to protect its main assets from potential lawsuits. 3. Gerund - General sense: The cost-shifting of educational expenses from the government to students has made higher education increasingly unaffordable for many individuals. Possible related products on Amazon:1. Economics Textbooks2. Healthcare Reform Books 3. Legal Liability Guides 4. Financial Planning Books 5. Student Loan Guides | ||||
cost-pull inflation cost-push inflation cost-recovery cost-reduction cost-related cost-saving cost-savings cost-sharing cost-shifting cost-sparing cost cost accountant cost accounting cost an arm cost analysis cost and horizon cost benefit
|