cut rate

noun

1. a price, fare, or rate below the standard charge.

Other Words From

• cut-rate adjective

Word History and Origins

Origin of cut rate¹

An Americanism dating back to 1880–85

Example Sentences

Following the Budget, which included plans to borrow and spend billions of pounds, financial markets expect the Bank of England to cut rates more slowly than previously anticipated.

From BBC

That’s convinced investors inflation will stay higher for longer and the Fed won’t be able to cut rates as much as they otherwise could have.

From Los Angeles Times

Some lenders, as seen with an announcement by Barclays, could raise rates on some deals, while still cut rates on others.

From BBC

On Tuesday, China’s central bank announced that it would cut rates in its biggest stimulus package since the pandemic in order to encourage consumption and shore up the economy.

From Los Angeles Times

The decision to cut rates in August was tight.

From BBC

Related Words

• cheap
• deficient
• inadequate
• insignificant
• little
• meager
• moderate
• modest
• nominal
• paltry
• poor
• reasonable
• small
• sparse