Efficiency

What is Efficiency?

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

 

reference: COLORADO SPRINGS – Finance Glossary

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Efficiency

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