The phrase refers to high-quality instruments that combine the natural resonance of an acoustic guitar with the amplification capabilities of an electric guitar, all available within a specified budget. These instruments offer players versatility, allowing for both unplugged performances and amplified sound projection, making them suitable for diverse musical styles and performance settings. For example, a guitarist seeking a stage-ready instrument without exceeding financial constraints would consider options fitting this description.
The significance lies in providing musicians with access to professional-grade instruments at a relatively accessible price point. These guitars often feature premium tonewoods, advanced electronics, and meticulous craftsmanship, delivering enhanced sound quality, playability, and durability. Historically, the development of quality acoustic-electric instruments in this price range has broadened the accessibility of professional-level gear to a wider range of musicians, influencing trends in music production and live performance.