Meaning of the word "less than" in English

What does "less than" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

less than

US /les ðæn/
UK /les ðæn/

Phrase

smaller in amount, number, or degree than

Example:
The cost will be less than $50.
She has been working here for less than a year.