price reduction
Markdown at checkout
A price reduction is a lowering of the cost of goods or services, typically to stimulate sales, clear inventory, or respond to market competition.
Retailers announce price reductions through sales, markdowns, and promotional discounts.
The store offered a 20% price reduction on all winter coats.
The term emphasizes the act of making something cheaper rather than the resulting low price itself.
- discountReduced price offered
- deep discountLarge price reduction
- saleExchange for payment
- fire saleUrgent, deep-discount liquidation
- markdownReduction in retail price
marked down · clearance · going out of business · bargain · slash · savings · coupon · rebate · deal · special offer · rollback · cut · cheaper · affordable · steal · promotion · limited time offer · liquidation
- pricingoverpricing, discounts, overcharge, markdowns, unit cost
- discountsdiscount, coupon, coupons, promo code, coupon code
- real estate termsoffer, lease, rent, counteroffer, tenant
- German Contractsformation, performance, warranty, defect, delay
- real estatehouse, home, apartment, property, sale
- warrantieswarranty, limited warranty, full warranty, express warranty, implied
price reductionprice increase
Rising cost of goods
markup · surcharge · price inflation · upcharge · cost increase
price reductionfixed price
Predetermined, unvarying cost
full price · list price · sticker price · regular price · retail price
price reductionprice gouging
Excessive pricing during crises
overcharging · penalty fee · hidden fee · service charge · convenience fee
price, reduction, prices, priced, pricing, pricey, priceless, reduce, reduces