経けい費ひ節せつ約やく

noun, noun which may take the genitive case particle 'no'

cost cutting; expense reduction; financial retrenchment

Refers to reducing expenses, often in a business or organizational context. Can be used as a noun or as a no-adjective modifying another noun.

• 会かい社しゃは経けい費ひ節せつ約やくのために出しゅっ張ちょうを減へらした。

  The company reduced business trips to cut costs.

• 経けい費ひ節せつ約やく策さくとして、ペーパーレス化かを進すすめている。

  As a cost-cutting measure, we are promoting paperless operations.