pricecuts
nounUK /ˈpraɪs.kʌts/
US /ˈpraɪs.kʌts/
Pricecuts are when things cost less money than before.
The store had big pricecuts on toys this weekend.
OTHER MEANINGS
2. A lowering of the amount charged for a service or product.
The airline announced pricecuts on all winter flights.
3. A business strategy of lowering prices to attract more customers.
The company used pricecuts to win customers from its rivals.
4. Multiple instances of reduced prices across a store's products.
Shoppers rushed in to enjoy the pricecuts across the whole shop.