Cut Rate (Noun)
Meaning
A price below the standard price.
Classification
Nouns denoting attributes of people and objects.
Examples
- The discount store offered cut-rate prices on all of its summer clothing items to make room for the new fall inventory.
- To attract more customers, the company began selling its popular products at cut-rate prices.
- During the off-season, many airlines offer cut-rate fares to encourage people to travel.
- The retailer slashed its prices to cut-rate levels to clear out its old merchandise and make room for the new stock.
- Travelers who are flexible with their schedules can often find cut-rate deals on hotel rooms and rental cars.