Cryptic crossword clue
Charge less than Greek character returning with reduction two-thirds off

The most common and most likely answer to this crossword clue is the 8 letter word UNDERCUT

I've seen this crossword clue in Financial Times
U
N
D
E
R
C
U
T


Buddy explains!

The straight part
We know that "Charge less than" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case charge less than = undercut.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does UNDERCUT mean?

UNDERCUT noun
  1. A cut made in the lower part of something; the material so removed.
  2. The notch cut in a tree to direct its fall when being felled.
  3. The underside of a sirloin of beef; the fillet.
  4. A hairstyle that is shaved or clipped short on the sides and kept long on the top.
  5. A blow dealt upward.
UNDERCUT verb
  1. To sell (something) at a lower price, or to work for lower wages, than a competitor.
  2. To create an overhang by cutting away material from underneath.
  3. To undermine.
  4. To strike a heavy blow upward.
UNDERCUT adjective
  1. Produced by undercutting.
  2. Designed so as to cut from the underside.
  3. Having the parts in relief cut under.

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