low-cost

[loh-kawst, -kost]

adjective

1. able to be purchased or acquired at relatively little cost.

   low-cost life insurance; low-cost housing.

Word History and Origins

Origin of low-cost¹

First recorded in 1930–35

Example Sentences

Earlier this year, United Chief Executive Scott Kirby declared that the low-cost model for airlines was “dead.”

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Western critical mineral companies long struggled to raise cash because of their weak position against China’s state-backed mineral giants, known for flooding the world with low-cost materials.

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For Xi, however, the app was a low-cost bargaining chip.

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Now it says it won’t take battery packs apart immediately, instead diverting what power remains to fuel low-cost, large-scale energy-storage systems.

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After years of hyping new low-cost “models,” Tesla earlier this month released pared-down versions of its popular Model Y SUV and Model 3 sedan.

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Related Words

• economical 
• inexpensive 
• low-priced