Definition: to economize, to take a short-cut, to reduce quality in order to save money
Note: this idiom is usually negative — don’t use it when you want to express approval or support something
During these hard times, we are tempted to cut corners to save money. Resist this, because when times are good again, people will remember you sacrificed quality.
To design a really fantastic product, don’t cut corners. If you cut corners, your product will just be average.