efficiency
ɛˈfɪʃənsi
Definitions
1. noun
the state or quality of being efficient; the ability to produce desired results with the minimum waste of time and effort
“The company’s focus on efficiency led to significant cost savings and improved productivity.”
2. noun
a person or thing that is efficient
“She’s a great example of efficiency in action, always managing to complete her tasks on time.”
3. noun
the ratio of output to input in a system or process
“The company’s efficiency in manufacturing was improved by implementing new production methods.”
4. adjective
well-designed to produce the greatest amount of output with the minimum of waste or effort
“The efficient design of the new building resulted in lower energy consumption and reduced costs.”