If you say that something is a snip, you mean that it is very good value. The beautifully made briefcase is a snip at £74.25. = bargain. to cut something by making quick cuts with scissors
{i} cutting with scissors; small cut made with scissors; small piece that has been cut off; little bit; young or insignificant person (Informal); disrespectful person (Informal); something easily obtained; bargain, good buy (British Slang)
If you snip something, or if you snip at or through something, you cut it quickly using sharp scissors. He has now begun to snip away at the piece of paper He snipped a length of new bandage and placed it around Peter's chest