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TeachMeFinance.com - explain Cost effectiveness Cost effectiveness The term 'Cost effectiveness' as it applies to the area of reclamation can be defined as ' Economic efficiency, obtaining the best method for the least amount of money'. Previous 5 Terms: Cosmid cosmogenic cosmology cosmotellurian Cost allocation Next 5 Terms: Cost model for undiscovered resources Cost of capital Cost of debt Cost of preferred stock Cost of retained earnings About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.