budget-priced
UK[ˈbʌdʒ.ɪt ˌpraɪst]US[ˈbʌdʒ.ɪt ˌpraɪst]
adj
having a low price, typically because it is intended to be affordable for people with limited money.
Morpheme Breakdown
budget
priced
budget
noun
priced
adjective
Etymology
the term is a modern english compound adjective formed in the 20th century. the first element, 'budget', originally referred to a small bag for carrying money or documents. by the 18th century, it had evolved to signify a financial plan, as the british chancellor would open the "budget" (the bag) to present annual accounts. this financial sense was then applied attributively to products. the second element, 'priced', derives from the latin word for value or price. when combined, 'budget-priced' literally means "having a price suitable for a financial plan," logically evolving to denote items made affordable to fit within a consumer's planned spending limits.
Analysis
Structure: budget (noun) + priced (adjective)
budget (from middle french 'bougette', meaning a small bag or pouch, via latin 'bulga', a leather bag; functions as a noun used attributively to modify 'priced'). priced (from old french 'prisier', meaning to value or price, via late latin 'pretiare', from latin 'pretium', price; the past participle '-ed' suffix forms an adjective meaning 'having a price').
Examples
the store offers a range of budget-priced laptops for students.
we stayed in a budget-priced hotel that was clean and comfortable.
the airline is known for its budget-priced flights across europe.