cost containment


cost containment
cost containment ˌcost conˈtainment noun [uncountable] ACCOUNTING
when an organization keeps costs low, or within a limit that has been planned:

• Despite intense cost containment efforts, corporate medical bills rose an average 21.6% last year.

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cost containment UK US noun [U]
COST CONTROL(Cf. ↑cost control)

Financial and business terms. 2012.

Look at other dictionaries:

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