Translation of "cost reduction" into Slovak

zníženie nákladov is the translation of "cost reduction" into Slovak.

cost reduction

The lessening or lowering in the amount of money incurred or asked for in the exchange of goods and services. (Source: ISEP / EFP)

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English-Slovak dictionary

  • zníženie nákladov

    The lessening or lowering in the amount of money incurred or asked for in the exchange of goods and services. (Source: ISEP / EFP)

    Technological progress can yield significant cost reductions and economic benefits.

    Technologický pokrok môže priniesť značné zníženie nákladov a ekonomické výhody.

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