plural of cost avoidance

The cost of extracting oil from an oil well, excluding later factors such as tax and transportation.

efficient with respect to cost; producing a large effect relative to cost

(finance, business, accounting) Any cost that is not directly accountable to a cost object (such as a particular project, facility, function, or product). They include administration, personnel and security costs.

Alternative form of cost cutting; also used attributively:

(attributive) Relating to a reduction in expenditure.

(transitive with to) To be expensive. / (by extension) To cause a lot of pain or suffering.

(accounting) An expense incurred precautionarily for a use that may not occur such as an event of damage or a change order.

(business, uncountable) The detailed analysis of a contractor's facilities by the potential purchaser, in order to determine an acceptable price that the purchaser will pay the contractor for goods or services.

To determine a cost in this manner.