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Discover LudwigThe phrase "a cut rate" is correct and usable in written English.
It is typically used to describe a price that is lower than usual or a discount on a product or service.
Example: "The store is offering a cut rate on all winter clothing to clear out inventory."
Alternatives: "discounted price" or "reduced rate".
Exact(9)
And Kaplan, as the secondary attorney, offered a cut rate, which accommodated Bout's ostensibly dire economic situation.
He agreed to work at a cut rate -- $1,500 for the whole site -- for a good cause and because he wanted to learn some new software.
The county will truck the dried material for free to the Yaphank landfill, where the town is offering the village a cut rate for its disposal.
A cut rate GPU?
We get the discarded brown M&Ms at a cut rate.
Combining business interests, they offered strippers from some of the clubs they owned for a cut rate to anyone who booked a funeral through one of their companies.
Similar(50)
"He picks up a cut-rate whore on Hollywood Boulevard".
The clinic was like a cut-rate private jail.
And attention, scoffers: just try finding a cut-rate loft in Williamsburg.
Yes, this is a cut-rate, no-frills subcompact, the closest thing to a disposable car.
That is a good deed, but it should not entitle him to a cut-rate apartment.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com