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Wordnet Dictionary
Adjective cut rate has 1 sense
  1. bargain-priced, cut-rate, cut-price - costing less than standard price; "buying bargain-priced clothes for the children"; "cut-rate goods"
    Antonym: expensive (indirect, via cheap)
,Noun cut rate has 1 sense
  1. bargain rate, cheapness, cut rate, cut price - a price below the standard price
    --1 is a kind of inexpensiveness
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