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Definition of Cost-effective
1. Adjective. Productive relative to the cost.
Definition of Cost-effective
1. Adjective. Returning a benefit that justifies the initial investment; economical. ¹
¹ Source: wiktionary.com
Medical Definition of Cost-effective
1. A term describing a resource that is available within the time it is needed and is able to meet or reduce electrical power demand at an estimated incremental system cost no greater than that of the least-costly, similarly reliable and available alternative. (05 Dec 1998)