- Exampleprice cuts or cuts in prices
- to lower something suddenlyExamplesWe are cutting prices on all our models. • We have taken out the second telephone line in order to try to cut costs.
- to reduce the number of somethingUsageto cut jobsto reduce the number of jobs by making people redundantUsagehe cut his losseshe stopped doing something which was creating a loss
"...the US bank announced a cut in its prime from 10Â½ per cent to 10 per cent" [Financial Times]