noun, noun which may take the genitive case particle 'no'
Used in business and everyday contexts to describe something that is cheap or cost-effective. Often modifies nouns with の.
This product is low-cost and of good quality.
I'm looking for a low-cost service.
Compound of コスト (cost) and 安 (cheap, low). The reading やす is the kun'yomi of 安 used in compounds.