cut-priceadjective [ before noun ]uk /ˌkʌtˈpraɪs/ us /ˌkʌtˈpraɪs/ UK
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(Definition of “cut-price” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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the art of forming solid objects that represent a thing, person, idea, etc. out of a material such as wood, clay, metal, or stone, or an object made in this way