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price reduction

price reduction

3 2.0
Making goods or services cheaper
  • noun
  • /praɪs rɪˈdʌkʃən/
translation icon : reducción de precio
  • Once price reductions on incremental sales take place, price reductions on almost everything tend to follow.
  • result in price reduction

And I was going for a a major price reduction.

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Examples

  • The store offered a price reduction of 15% on all winter clothing to attract more customers.

  • However, as the case of antiretrovirals has shown, transparency can also be accompanied by drastic price reductions.

    Academic text (2016)
  • Further price reductions are needed before the drive can appeal to a mass market.

    Academic text (1996)
  • Provide them a freebie or price reduction to help get your business started.

    Blog text (10)
  • The Nook price reduction may not be too late, but it's most certainly too little.

    Blog text (13)
  • The price reductions resulted in a near-doubling of orders from buyers and, ultimately, improved access for women.

    Academic text (2016)
  • Competitive bidding resulted in price reductions of 25-30 percent from nearly every supplier.

    Academic text (2004)
  • Price reductions and sales below average costs were geared to minimizing losses due to excess capacity.

    Academic text (1997)
  • If the IPAB forces substantial price reductions, services rendered unprofitable will become unavailable.

    Academic text (2017)
  • The return of the low-priced product to the exporters' market through international arbitrage will force price reductions in that market and eliminate the pricing differentials.

    Academic text (1997)

Synonyms

sale
vsprice reduction
476 1.0

A time when shops offer goods at lower prices

is the general process of lowering selling prices, not just events
reduction
vsprice reduction
451 3.2

A decrease in size, amount, degree, or price

is specific to lowering selling prices rather than all decreases
discount
vsprice reduction
260 1.0

A lower price offered for something, often shown as a percent

is the act of lowering selling prices rather than the exact amount
decrease
vsprice reduction
84 2.2

A drop in amount or number

is the act of lowering selling prices rather than general size or amount changes
price cut
vsprice reduction
3 1.4

A fall in the amount you pay for something

is the term for the ongoing act of lowering the selling price
markdown
vsprice reduction
  • US
2 3.8

A reduction in a product's price to encourage sales

is the general act of lowering selling prices rather than for promotion
steep discount
vsprice reduction
1 2.5

A much lower price than usual on an item

is the general act of lowering prices, not only very large cuts
sales event
vsprice reduction
1 2.2

A short time when shops offer many things at lower prices

is the general act of lowering selling prices, not only special occasions
price cutting
vsprice reduction
1 2.8

Reducing the price of goods below the usual amount to attract customers

is the act of lowering selling prices without implying undercutting
cut-rate sale
vsprice reduction
  • US
2.7

An event when shops sell goods at much lower prices for a short time to clear old stock

is the broader act of lowering selling prices beyond special cheap events
lowering
vsprice reduction
2.8

To make something less in amount, value, or level

is used for making goods or services cheaper rather than all kinds of decline

Antonyms

A rise in the money you pay for things or services

How Big

price reduction
3 2.0
discount
260 1.0

Surface Forms

Morphology

price + reduction

The meaning 'the act of lowering the selling price' is directly and transparently derived from combining 'price' (the money required to buy an item) with 'reduction' (the process of reducing amount or price). This compositional noun phrase follows a clear, cross-linguistic pattern and would be immediately understandable to a B1 learner who knows both constituents.

Etymology

Price reduction comes from a simple shop image: a seller cuts the number on a price tag to make the price smaller. That's why reduction here means making the cost 'lower' and why we use the phrase for lowering a selling price.