1. The ability to maximize value or results while minimizing expenditure; the ratio of output or benefits achieved to the amount of money spent
The company improved its spending efficiency by reducing operational costs without compromising quality.
A empresa melhorou sua eficiência de gastos ao reduzir custos operacionais sem comprometer a qualidade.
2. In budgeting and financial management, the effective allocation and management of financial resources to achieve desired outcomes with minimal waste
Government spending efficiency is crucial for public sector accountability.
A eficiência de gastos governamentais é crucial para a responsabilidade do setor público.