noun
[ U ] the reduction of the amount of money spent on sth, especially because of financial difficulty :
Deliveries of mail could be delayed because of cost-cutting.
a cost-cutting exercise / measure / programme
noun
[ U ] the reduction of the amount of money spent on sth, especially because of financial difficulty :
Deliveries of mail could be delayed because of cost-cutting.
a cost-cutting exercise / measure / programme
Oxford Advanced Learner's English Dictionary. Оксфордский английский словарь для изучающик язык на продвинутом уровне. 2005