x-efficiencynoun [ U ]
ukusECONOMICS, PRODUCTIONa situation in which a company or a particular machine produces the largest possible number of goods with the time, materials, or labour that it has available:
The report showed that banks were still operating at 60% below the x-efficiency level.
See also
technical efficiency
Compare
x-inefficiency
x-efficient
adjective
The joint-stock banks were found to be more x-efficient than the state-owned commercial banks.