en

value for money

1

Terminological databases

EKI terminibaas Esterm

ID 695075 Last modified 30.12.2004
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Domain public financesregional policyEuropean funds
  • designating actual or perceived equivalence between worth and expenditure, (of or pertaining to) something well worth the money spent
  • degree to which spending money on something achieves economy (spending the minimum to get the required result)
value for money
Usage examples
  • Particularly in order to ensure value for money, a thorough appraisal should precede the commitment of Community resources in order to ensure that they yield socio-economic benefits in keeping with the resources deployed.

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