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

Out of necessity Ukraine prioritizes low-cost solutions, and installing this equipment will be cheaper over time than repeatedly shutting down busy European airports.

Read more on The Wall Street Journal

These therapies can also be expensive and may trigger immune-related side effects, underscoring the need for safer, low-cost options that are easier for patients to access.

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Still, since DeepSeek first burst onto the scene in January this year with a low-cost model that could rival those by Western counterparts, the momentum in China’s homegrown AI scene has been building.

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"There's a lot more coming into that space. So this sort of wave of low-cost influence from outside of the UK isn't slowing down, and I think there's much more to come."

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For a one-stop shop, consider the Vanguard Balanced Index fund, a low-cost index fund tracking the U.S. stock and bond markets with a roughly 60/40 split.

Read more on Barron's

Related Words

• economical 
• inexpensive 
• low-priced