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Meaning of “off-price” in the English Dictionary

"off-price" in Business English

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off-priceadjective [before noun]

uk   us   COMMERCE
used to describe a ​store that ​sellsgoods for a ​lowerprice than at other ​stores: an off-price ​store/​shop/​retailer
According to one ​retailer, when you ​sell off-price, you have to ​sell at 50% or more below ​wholesale.
(Definition of off-price from the Cambridge Business English Dictionary © Cambridge University Press)
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“off-price” in Business English

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