'price-cutting' originates from the combination of 'price' and 'cutting', where 'price' refers to the cost of something and 'cutting' implies reducing or lowering.

'price-cutting' evolved from the practice of 'cutting prices' in retail and commerce, eventually becoming a common term in modern English.

Initially, it meant 'reducing the cost of goods or services', and this meaning has largely remained the same in modern usage.