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Meaning of off-price

off-price

Pronunciation: (ôf'prīs', of'-), [key]
— adj.
  1. offering or dealing in goods, esp. brand-name apparel, at prices lower than those at regular retail stores or discount stores.
  2. designating, of, or pertaining to such merchandise: off-price designer jeans.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.