cost effective etymology

Etymology:

The term "costeffective" is a combination of two words:

• "cost": from Old French "cost," ultimately derived from Latin "constare" (to stand together, to cost)
• "effective": from Latin "efficere" (to bring about, to produce)

Meaning:

Costeffective means yielding a satisfactory or desired result relative to the cost involved. It implies that the benefits or value obtained from something justify the expenses incurred.

Origin:

The concept of cost effectiveness has been used in various fields for centuries. However, the term "costeffective" itself is relatively modern. It gained widespread usage in the late 20th century, particularly in the contexts of business, healthcare, and project management.

Usage:

The term "costeffective" is often used to describe:

• Actions or strategies that maximize value for money
• Products or services that provide a high return on investment
• Decisions that balance cost and benefit considerations

Examples:

• "The new energy-efficient appliances are costeffective in the long run."
• "The healthcare program was found to be costeffective in improving patient outcomes."
• "We need to find a more costeffective way to market our product."

cost effective relate terms

• cost

  Etymology The word cost comes from the Middle French word coster which in turn der

• effective

  Etymology Latin effectus past participle of efficere Meaning to bring about ac

• effect

  Etymology Middle English effect from Old French effect effec from Latin effectus p

• efficient

  Etymology Efficient derives from the Latin word efficiens entis which is the pre

• Pyrrhic

  Etymology The term Pyrrhic comes from the Greek Πύρρος Pyrrhos the name of

• nickelodeon

  Etymology The word nickelodeon is derived from two sources Nickel A nickel was the

• damage

  Etymology The word damage comes from the Old French word damager which means to inj

• drastic

  Etymology Ancient Greek δραστικός drastikos Latin drasticus drasticum M

• incisive

  Etymology Origin Latin incidere meaning to cut or carve Suffix ive indicating

• emancipation

  Etymology French émancipation Latin emancipatio e out manus hand

• taboo

  Etymology The word taboo originates from the Tongan language where it is spelled tap

• believe

  Etymology The word believe originates from the Old English word geliefan which is d