The meaning of EFFICIENCY is the quality or degree of being efficient. How to use efficiency in a sentence.

Efficiency is the often measurable ability to avoid making mistakes or wasting materials, energy, efforts, money, and time while performing a task. In a more general sense, it is the ability to do …

the state or quality of being efficient, or able to accomplish something with the least waste of time and effort; competency in performance. accomplishment of or ability to accomplish a job with a …

May 29, 2025 · Efficiency means that an entity is operating at an optimum level of performance. It is a measurable concept that can be determined by the ratio of useful output to total input....

EFFICIENCY definition: 1. the quality of achieving the largest amount of useful work using as little energy, fuel, effort…. Learn more.

Efficiency is the quality of being able to do a task successfully, without wasting time or energy.

Definition of efficiency noun from the Oxford Advanced Learner's Dictionary. [uncountable] the quality of doing something well with no waste of time or money. I was impressed by the …

1. the state or quality of being efficient. 2. accomplishment of or ability to accomplish a job with a minimum expenditure of time and effort. 3. the ratio of the work done by a machine to the …

Jun 11, 2018 · Efficiency, or allocative efficiency, is a central concept of economic theory. If one plan produced a product with fewer resources than another plan, it is said to be more efficient. …

To economists, efficiency is a relationship between ends and means. When we call a situation inefficient, we are claiming that we could achieve the desired ends with less means, or that the …