What is another word for cut rates?

Pronunciation: [kˈʌt ɹˈe͡ɪts] (IPA)

Cutting rates is a cost-saving measure that businesses and individuals often adopt to reduce expenses. When it comes to finding suitable synonyms to this term, there are plenty of options available. Some common alternatives to the phrase cut rates include lowering prices, reducing costs, offering discounts, reducing fees, and lowering tariffs. Additionally, other phrases that communicate the same idea include slashing prices, decreasing expenses, and minimizing costs. Regardless of the phrase used, the end goal is always to achieve cost savings, and these alternate terms for "cut rates" help communicate that objective just as effectively.

What are the hypernyms for Cut rates?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the opposite words for cut rates?

The antonyms for "cut rates" include "increase rates," "raise rates," or "hike rates." These terms refer to the opposite action of reducing or decreasing prices, fees, or interest rates. Businesses or governments may choose to increase rates of goods or services to increase profits or revenue, especially during times of economic growth. Hiking rates is sometimes necessary to counter inflation or balance budgets. Similarly, financial institutions raise interest rates to encourage savings and discourage borrowing during periods of high economic growth. Overall, the antonyms of "cut rates" reflect a shift toward price increases and a focus on sustainability and profitability in business and economic decision-making.

What are the antonyms for Cut rates?

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