0 charged at a lower rate than usual:
We get cut-rate electricity for six hours each night.
1 available at a lower price than usual:
cut-rate merchandise
2 → cut-price
What about all these new classes of traffic to be brought in by this cut-rate fare?
On the cut rates that we are paying by means of our combined licence, what right have we to expect anything but a cut-rate service?
It wants to retain these agencies but at a cut-rate price of only about £600 or £700 a year.
So the licensing system could make the problem worse by making the cut-rate gangs' labour and product more attractive.
No longer were the cut-rate advance-purchase fares well-below the major carriers.
To meet new cut-rate competition, the plant was streamlined in an effort to reduce costs and increase efficiency.
This led to his idea of a store specializing in fixed-price, cut-rate merchandise.