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

She said she set up the academy to provide low-cost, "detailed technical coaching" to give children "the opportunities that I never had".

From BBC

German manufacturers that require low-cost margins may struggle, says Mr Ley, but he believes there is hope for high-quality products with innovative features that rely on world-class engineering and intellectual property.

From BBC

Singapore Airlines and its low-cost carrier Scoot have similarly cancelled some flights — though Singapore’s airport website shows that other flights to and from Bali have continued to run on Wednesday.

From BBC

Spirit is a low-cost airline, based in Florida, which flies throughout the United States, Caribbean and Latin America.

From BBC

But China, which has long been the world’s factory for low-cost goods, is trying to replicate that success with high-tech exports.

From BBC

Related Words

• economical
• inexpensive
• low-priced