Cryptic crossword clue
Minor annoyance demands slight reduction of cost in 2

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

I've seen this crossword clue in The Guardian
P
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P
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Buddy explains!

The straight part
We know that "Minor annoyance" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case minor annoyance = pinprick.
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 PINPRICK mean?

PINPRICK noun
  1. An insignificant puncture made by a pin or similar point.
  2. A mildly annoying wound or damage.
PINPRICK verb
  1. To produce a jabbing sensation, like a pinprick, in.
  2. To puncture with a tiny hole or holes.

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