Glossary term Cost Control

Cost avoidance

Quick answer

Money not spent because a cheaper option was chosen

Money not spent because a cheaper option was chosen

Explore related terms: Savings , Lost savings , Average ticket price

You might like

Featured course

Mini-MBA: Corporate Travel

Put Cost avoidance into commercial practice — with case studies, frameworks and real-world examples from the Mini-MBA: Corporate Travel.

Explore the Mini-MBA →