low-cost

American  

[loh-kawst, -kost] / ˈloʊˈkɔst, -ˈkɒst /

adjective

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

   low-cost life insurance; low-cost housing.

---

Etymology

Origin of low-cost

First recorded in 1930–35

Example Sentences

I’m wondering what considerations I, and others, should keep in mind when booking with low-cost airlines.

From MarketWatch

If businesses and individuals eventually prefer low-cost open-source AI models, or demand collapses when prices are raised to cover costs, all the current leaders might suffer.

From The Wall Street Journal

Shares of Frontier Airlines parent company Frontier Group Holdings are some of the best-performing airline shares in recent months, defying expectations that the business model of low-cost and ultralow-cost airlines is dying.

From MarketWatch

Patent expiry has also led to rise of low-cost copycat weight-loss drugs, with warnings about the safety of some of them.

From BBC

That has hurt sales of original, patented brands much sooner in their product life cycles than the more traditional source of low-cost competition, generic drugs that enter the market after patents expire.

From The Wall Street Journal

Related Words

• economical
• inexpensive
• low-priced