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cut-price

 
 
/ˈkʌtˌpraɪs/ adjective [before noun] (also cut-rate)

Definition

costing less than the usual price: cut-price bids/deals/offers cut-price cars/holidays/mortgages
selling goods and services at less than the usual price: a cut-price airline/operator/retailer The City remains nervous about cut-price competition from supermarkets.
(Definition of cut-price adjective from the Cambridge Business English Dictionary © Cambridge University Press)

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