efficiency Definition

efficiency

Definition

How easily and inexpensively transactions can occur.

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efficiency is ...
... part of the Economy subject.

Related Terms

price efficiency -

capital efficiency -

economy of scale - More

franchised monopoly, increasing returns to scale, market maker, operating ratio, Return on Equity, ROE, Return on Capital Employed, ROCE, NOPAT, automation

efficiency appears in these other terms

efficiency ratio

efficiency appears in the definitions of these other terms on BusinessDictionary.com

variable production overhead efficiency variance, Taylorism, scientific management, energy efficiency ratio (EER), technical inefficiency, and