price-cut

American  

[prahys-kuht] / ˈpraɪsˌkʌt /

verb (used with object)

price-cut, price-cutting

1. to reduce the price of, especially to gain a competitive advantage.

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Other Word Forms

• price-cutter noun

Etymology

Origin of price-cut

First recorded in 1920–25

Example Sentences

In March, a top industry association urged the auto industry and authorities to cool the ‘price-cut hype’ to ensure the healthy and stable development of the industry.

From Reuters

In line with that legislation, one element of Lilly’s price-cut announcement is a cap of $35 per month on out-of-pocket charges for insured customers.

From Los Angeles Times

Last week, Biden took credit for Eli Lilly’s price-cut move and called on other drugmakers to follow.

From Washington Post

The price-cut agreement comes with a bonus: Top American oncologists will simplify complex cancer-treatment guidelines for underequipped African hospitals, and a corps of IBM programmers will build those guidelines into an online tool available to any oncologist with an internet connection.

From New York Times

John Young, president of Pfizer’s essential health group, said the price-cut deal differs from Pfizer’s charitable donations, like the 500 million antibiotics doses it provided to help eliminate the eye disease trachoma.

From New York Times