Steep drop in price amended, then restated without right - Crossword Clue

The most likely answer to the crossword clue Steep drop in price amended, then restated without right is PRECIPICE.

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Clue Length Answer
It’s very steep price, at first absurd, then reduced by sovereign 9 PRECIPICE
Steep price nursing home required to support old lady 8 MARINATE
Steep price of a spice? 8 MACERATE
Club price is steep 8 MACERATE
Price altered a bit heartlessly in steep location 9 PRECIPICE
Steep price paid for the Tibetan embassy? (4, 10) 15 HIGH COMMISSION
What model did — and you heard price is steep 8 SATURATE