cut rate

noun

1. a price, fare, or rate below the standard charge.

Other Word Forms

• cut-rate adjective

Word History and Origins

Origin of cut rate¹

An Americanism dating back to 1880–85

Example Sentences

Fed officials appear split on whether to cut rates again next month.

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Fed officials appear split on whether to cut rates again next month.

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The September jobs report, released last Friday, showed the unemployment rate edged up to 4.4%, a sign of weakness that could prompt the Fed to cut rates in December.

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Event contracts, also known as binary options, are built around yes/no questions such as “will the Fed cut rates again this year?”

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Event contracts, also known as binary options, are built around yes/no questions such as “will the Fed cut rates again this year?”

Read more on Barron's

Related Words

• cheap 
• deficient 
• inadequate 
• insignificant 
• little 
• meager 
• moderate 
• modest 
• nominal 
• paltry 
• poor 
• reasonable 
• small 
• sparse