Definition, Meaning & Synonyms
low-rate
adjective
/loʊ reɪt/
Definition
Having a low cost or price, especially in comparison to others.
Examples
- The hotel offered a low-rate for midweek stays.
- They decided to go with a low-rate loan to save on interest.
- During the sale, many low-rate products were available.
Meaning
The term ‘low-rate’ refers to something that costs less than the average price, making it more affordable or economical.
Synonyms
- inexpensive
- affordable
- budget-friendly
- cheap
