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We found one dictionary that defines the word razor and blades:

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  1. razor and blades: Wiktionary

Definitions from Wiktionary (razor and blades)

noun:  (business, attributive) A business model where one item is sold cheaply (or given away for free) in order to increase sales of a complementary good, such as blades for a razor, or ink cartridges for a printer.

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