Cost sharing

Cost sharing,

Definition of Cost sharing:

  1. Multiparty arrangement under which costs of a program or project are shared by the involved parties, according to an agreed upon formula.

How to use Cost sharing in a sentence?

  1. You should try to have a cost sharing agreement to lower the total output that your company has on a project.
  2. You should try to have a good cost sharing strategy whenever you are looking to take on a major purchase.
  3. We had a really good cost sharing strategy and it came across in our work, which was absolutely fantastic and great.

Meaning of Cost sharing & Cost sharing Definition