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cost avoidance. In DICTIOUS you will not only get to know all the dictionary meanings for the word
cost avoidance, but we will also tell you about its etymology, its characteristics and you will know how to say
cost avoidance in singular and plural. Everything you need to know about the word
cost avoidance you have here. The definition of the word
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English
Noun
cost avoidance (countable and uncountable, plural cost avoidances)
- (management, accounting) An expense one has avoided incurring.
Usage notes
- Commonly used in the field of energy management to describe the energy costs avoided by adopting energy-management initiatives.