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Definitions from WordNet

Definitions from the Web

Price Cutting

Definition:

Noun

Price cutting refers to the practice of lowering the price of a product or service in order to attract customers or gain a competitive advantage.

Sense 1:

Noun

The act of reducing prices in order to stimulate sales.

Example Sentence: The company resorted to price cutting to boost its declining sales figures.

Sense 2:

Adjective

Referring to a product or service that is sold at a significantly lower price compared to similar offerings in the market.

Example Sentence: The discount store is known for its price-cutting strategy, offering customers high-quality products at affordable prices.

Sense 3:

Verb

The act of reducing the selling price of a product or service.

Example Sentence: The supermarket decided to price cut its items to attract more customers.

Sense 4:

Adverb Phrase

Describing the action of significantly reducing prices.

Example Sentence: The retailer advertised their products as "price cutting" to capture the attention of bargain-seeking consumers.

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