noun, noun or participle which takes 'suru', transitive verb, intransitive verb
Wasei-eigo (Japanese-made English) business term. Used as a noun or with する to mean reducing costs or expenses. Often implies a deliberate effort to cut costs in a company or project.
wasei-eigo (Japanese-coined English), from cost down
来年度はさらにコストダウンを図る必要がある。
We need to aim for further cost reduction next fiscal year.
この部品のコストダウンに成功した。
We succeeded in cutting the cost of this part.