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Meaning of “low-cost” in the English Dictionary

(Definition of low-cost from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"low-cost" in Business English

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low-costadjective [before noun]

uk   /ˌləʊˈkɒst/  us   /-ˈkɑːst/ (also lower-cost)
COMMERCE, FINANCE cheap, or not ​costing as much as other things of the same ​type: As new low-cost ​competitors from Asia and eastern ​Europe have ​entered the ​globalmarketplace, Britain's ​manufacturers have been ​forced to ​moveupmarket. Around 60% of the ​companiessurveyed had some of their IT ​work done in low-cost countries.low-cost airlines/carriers/flights Another low-cost ​airline went ​bust after ​expanding too fast. There is ​pressure on ​capital cities to ​provide low-cost ​housing for its nurses and teachers. low-cost ​creditcards/​mortgages/​loans low-cost ​energy/electricity low-cost ​labour/​manufacturing/​production
(Definition of low-cost from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “low-cost”
in Chinese (Simplified) 低成本的, 便宜的,廉价的…
in Chinese (Traditional) 低成本的, 便宜的,廉價的…
What is the pronunciation of low-cost?
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