price cutting

American  

Or price-cutting

noun

1. selling an article at a price under the usual or advertised price.

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Etymology

Origin of price cutting

First recorded in 1895–1900

Example Sentences

Aggressive price cutting helped Tesla beat analysts’ estimates for sales in the October to December quarter, but BYD did even better.

From Seattle Times • Jan. 3, 2024

Apple’s previous price cutting, along with software changes, have been followed by an improvement in iPad sales.

From Reuters • Mar. 27, 2018

“They fought their way to control by rebate and drawback, bribe and blackmail, espionage and price cutting, and perhaps more important, by ruthless, never slothful efficiency of organization.”

From New York Times • Feb. 20, 2018

An excess of supply over demand is forcing the majority of the industry to resort to price cutting in order to put money in the tills.

From BBC • Dec. 20, 2015

I had been given to understand that Stigler's plan of continual price cutting had cut his profits to the vanishing point.

From Dawson Black: Retail Merchant by Whitehead, Harold