What is Efficiency?

Efficiency meaning in finance terminology / glossary / dictionary is:
A ratio between input (resources) and output (production).


reference: COLORADO SPRINGS – Finance Glossary



What is Efficiency ?

Efficiency is (noun) being able to produce a good result without wasting time, money or effort How can we improve the efficiency of our working methods? She is known for her extreme efficiency. Synonym competence. Antonym inefficiency


source: Easier English, Student Dictionary Upper Intermediate Level