cut-rate
- adjective
- /ˈkʌt reɪt/
- US
- Often sold at cut-rate prices, the gas was a gargantuan challenge to Gazprom, which controlled 27% of Europe's market for gas and sold it in long-term contracts whose prices were linked to those of oil, keeping them high.
- cut-rate financing
- cut-rate prices
- offer a cut-rate
Examples
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Many travelers choose cut-rate hotels to save money during their vacations.
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My families were going to the cut-rate supermarkets, and my loyal customers—the ones who started with my father and stayed with me through lean times—were getting to that age where they were eating little, or being shipped off to nursing homes, or they were dead.
Fiction book (1999) -
Making sure nobody sees some cut-rate copy band.
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And if you weren't such a cut-rate dick, maybe he would still be alive today.
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Dove Airlines had appeared on the scene five years ago to challenge Northwest on its home turf, boasting cut-rate fares to most of the larger airlines' priciest destinations.
Fiction book (1999) -
The new supermarket is known for its cut-rate groceries, making it a favorite among budget shoppers.
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She bought a cut-rate phone plan that provides unlimited data at a fraction of the regular price.
Synonyms
Sold for a lower price than usual
Sold at a lower price than usual
How Cheap
Surface Forms
Morphology
Etymology
Cut-rate comes from the two simple parts cut and rate, where cut means 'to make smaller' and rate means 'price'. So a cut-rate item has a 'cut' price — lower than the usual rate — which is why it means cheap or offered at a lower cost.