cost-centered
|cost/centered|
🇺🇸
/kɔst ˈsɛntərd/
🇬🇧
/kɒst ˈsɛntəd/
focus on costs
Etymology
The term 'cost-centered' is derived from the words 'cost' and 'centered'. 'Cost' originates from the Latin word 'constare', meaning 'to stand firm' or 'to be fixed', while 'centered' comes from the Latin 'centrum', meaning 'center'.
The concept of being 'cost-centered' evolved from the business practice of focusing on cost management and efficiency.
Initially, it referred to the centralization of cost management, but over time it evolved to describe a broader business strategy focused on cost efficiency.
Meanings by Part of Speech
Adjective 1
focused on or organized around costs, often in a business or financial context.
The company adopted a cost-centered approach to improve profitability.
Synonyms
Antonyms
Last updated: 2025/02/19 16:28