What is another word for cutting rate?
Pronunciation: [kˈʌtɪŋ ɹˈe͡ɪt] (IPA) 
The term "cutting rate" is frequently used to describe a reduction in prices or costs. However, there are several other synonyms that can be used to convey this same message. Alternative phrases including "discount rate," "lowering prices," "reducing costs," and "slashing prices." Other words that could be used to describe this concept might include "discounting," "downsizing," "reducing fees," or "offering deals." Regardless of the words used to describe the concept of cutting rates, the end goal is usually the same: to reduce prices in order to encourage increased purchases or patronage.
