Meaning of the word "standby ticket" in English

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

standby ticket

US /ˈstænd.baɪ ˈtɪk.ɪt/
UK /ˈstænd.baɪ ˈtɪk.ɪt/
"standby ticket" picture

Noun

a ticket for a flight or performance that is sold only if there are seats available just before it starts

Example:
I managed to get a standby ticket for the flight to New York.
A standby ticket is usually much cheaper than a regular one.