best value for money

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English - English

Definition of best value for money in English English dictionary
value for money: A combination of economy, efficiency and effectiveness i e having the right goods or services at the right quality in the right place at the right time
value for money: A concept associated with the economy, effectiveness and efficiency of a service, product or process, i e a comparison of the input costs against the value of the outputs and a qualitative and quantitative judgement over the manner in which the resources involved have been utilised and managed See also Effectiveness, Economy, Efficiency
value for money: The combination of cost (over the whole life of a project) and quality which best meets an organisation's requirements

best value for money

Hyphenation

best val·ue for mon·ey

best välyu fôr mʌni

/ˈbest ˈvalyo͞o ˈfôr ˈmənē/ /ˈbɛst ˈvæljuː ˈfɔːr ˈmʌniː/

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