‘低价’ literally combines ‘低’ (dī), meaning ‘low’, and ‘价’ (jià), meaning ‘price’ or ‘cost’. Together, it means ‘low price’ — a common term used when describing affordability, discounts, or budget-friendly options. It functions primarily as a noun (e.g., ‘the low price’) but is also frequently used attributively like an adjective before nouns (e.g., ‘低价商品’ — ‘low-price goods’).

This term appears widely in everyday contexts: shopping, advertising, e-commerce, and market conversations. It often implies value for money, though not necessarily poor quality — context determines whether ‘low price’ carries positive (a bargain) or neutral (simply inexpensive) connotations. Unlike the more formal ‘优惠’ (yōuhuì, ‘discount’), ‘低价’ focuses strictly on the numerical or perceived level of cost.