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price-cut

[prahys-kuht]
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verb (used with object), price-cut, price-cut·ting.
  1. to reduce the price of, especially to gain a competitive advantage.
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Origin of price-cut

First recorded in 1920–25
Related formsprice-cut·ter, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018