CUTPRICE Meaning and
Definition
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Cutprice is an adjective that describes something as being offered or sold at a significantly reduced or discounted price. Derived from the combination of the words "cut" and "price," this term typically implies a decrease in the cost or value of an item compared to its original or typical selling price.
The term cutprice is commonly used in the context of consumer goods and services, especially in the retail industry. It suggests that the price of a product or service has been reduced to attract potential customers or clear excess stock. Cutprice items may undergo a price reduction due to various reasons, such as seasonal sales, promotions, discounts, or the need to quickly sell goods nearing their expiry dates.
The presence of cutprice offers often provides buyers with a chance to acquire desired items at a lower cost, potentially leading to increased sales and customer satisfaction. Conversely, it can also indicate a potential decrease in the product's original quality or value. It is important for consumers to consider factors such as brand reputation, durability, and functionality when purchasing cutprice items to ensure they are getting a satisfactory deal. Additionally, businesses adopting cutprice strategies should carefully analyze their pricing strategies to ensure profitability even with reduced prices.
Common Misspellings for CUTPRICE
- cutprices
- xutprice
- vutprice
- futprice
- dutprice
- cytprice
- chtprice
- cjtprice
- citprice
- c8tprice
- c7tprice
- curprice
- cufprice
- cugprice
- cuyprice
- cu6price
- cu5price
- cutorice
- cutlrice
- cut0rice
Etymology of CUTPRICE
The word "cutprice" is a compound word formed by combining the words "cut" and "price".
The word "cut" originates from the Old English word "cyttan", meaning to divide, separate, or shorten. Over time, "cut" developed various related meanings, including reducing or lowering. The association between cutting and lowering prices likely arose from the idea of dividing or reducing the original value.
The word "price" comes from the Latin word "pretium", meaning value or worth.
Therefore, "cutprice" can be understood as a term that combines the concepts of reducing or lowering the original value or worth of something.
