Meaning of CUT RATE

Pronunciation:			kut reyt
WordNet Dictionary
	Definition:		[n]  a price below the standard price [adj]  costing less than standard price; "buying bargain-priced clothes for the children"; "cut-rate goods"
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	Synonyms:		bargain rate, bargain-priced, cheap, cheapness, cut price, cut-price, inexpensive
	See Also:		inexpensiveness