Cutrate stores are often known for offering products at lower prices compared to other retailers. These types of stores can be identified by a number of synonyms such as discount stores, bargain stores, or outlet stores. Some other terms used for cutrate stores may include clearance stores, overstock stores, or bargain basements. Regardless of the name, these types of stores offer a variety of products at reduced prices including clothing, electronics, tools, and home goods. Shoppers who enjoy finding a good deal may be frequent patrons of these stores, as they offer low prices without sacrificing quality. Cutrate stores may have varying reputations, but they can be a great resource for budget-conscious shoppers looking to save some money.