low-priced - meaning and definition. What is low-priced
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What (who) is low-priced - definition

CHRISTIAN DENOMINATIONS WITHOUT MUCH RITUAL OR EMPHASIS ON CHURCH AUTHORITY, AND NARROWLY EVANGELICAL IN THEIR TEACHING
Low Church; Low Churchman; Low Protestant; Low Anglican; Low churchman; Low-church; Low-Church

low-priced      
a.
Low, cheap.
High–low pricing         
PRICING STRATEGY
High-low pricing; Hi-low pricing
High–low pricing (or hi–low pricing) is a type of pricing strategy adopted by companies, usually small and medium-sized retail firms, where a firm initially charges a high price for a product and later, when it has become less desirable, sells it at a discount or through clearance sales.
Low Church         
¦ noun a tradition within the Anglican Church giving relatively little emphasis to ritual and sacraments.
Derivatives
Low Churchman noun (plural Low Churchmen).

Wikipedia

Low church

In Anglican Christianity, low church refers to those who give little emphasis to ritual. The term is most often used in a liturgical sense, denoting a Protestant emphasis, whereas "high church" denotes an emphasis on ritual, often Anglo-Catholic.

The term was initially pejorative. During the series of doctrinal and ecclesiastic challenges to the established church in the 17th century, commentators and others—who favoured the theology, worship, and hierarchical structure of Anglicanism (such as the episcopate) as the true form of Christianity—began referring to that outlook (and the related practices) as "high church", and by the early 18th century those theologians and politicians who sought more reform in the English church and a greater liberalisation of church structure, were in contrast called "low church".

Examples of use of low-priced
1. U.S. exports are predominantly low–priced leg quarters.
2. Low–priced apartments are a separate market entirely.
3. So there is definitely a market for a very low–priced machine," he said.
4. Your company forfeits product warranties and low–priced or free upgrades.
5. BCG says that with washing machines, low–priced models are similar in price to those in Western Europe.