steep discount
1
2.5
- noun
:
gran descuento
- The scenario is likely to keep housing prices in the state low for years because distressed properties usually sell at steep discounts, Moody's said.
- offer steep discounts
- sold at a steep discount
- take advantage of steep discounts
Evergrand is trying to convince its wealth management customers to accept properties at steep discounts instead of cash repayments.
- Evergrand is trying to convince its wealth management customers to accept properties at steep discounts instead of cash repayments.
Examples
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Hotels do this so that they can keep their regular rates at market levels and still fill unsold rooms by offering them at a steep discount.
Blog text (5) -
This impressed Robert, and he offered $300,000 for 33% of the company, implying a $600,000 valuation, a steep discount to the ask.
Blog text (9) -
Finally, as the author, I can order copies at a steep discount.
Blog text (31) -
Buying CEFs at steep discounts is like getting a head start on stocks.
Blog text (1) -
They buy the debt of troubled companies, usually at steep discounts.
Blog text (2) -
Evergrand is trying to convince its wealth management customers to accept properties at steep discounts instead of cash repayments.
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Publishers buy co-ops in bookstores and big box stores, offering steep discounts for multiple copies so the books can be sold for under the cover price.
Blog text (20) -
The lists usually name lower-cost brand-name and generic drugs, and drug companies wanting their premium drugs on the lists must offer steep discounts or rebates.
Academic text (2002) -
My guess is that no new device is heading our way, but they are planning steep discounts of the Nexus 7 before the end of the year, something that is needed desperately as competition in the 7-inch tablet industry heats up.
Blog text (28) -
Many retailers are offering steep discounts during the holiday season to attract more customers.
Synonyms
449
1.8
A large amount or a big saving when buying something
260
1.0
A lower price offered for something, often shown as a percent
52
1.0
A cost lower than normal that makes something affordable
28
1.8
A good offer that saves you money when buying
3
2.0
Making goods or services cheaper
3
1.4
A fall in the amount you pay for something
2
3.8
A reduction in a product's price to encourage sales
1
3.2
A price lower than usual offered as a special deal
1
3.3
A price lower than the usual one
A lower price than normal
A reduction in the price shown given to a shop for buying large amounts of goods
Antonyms
How Big
1
2.5
260
1.0
Surface Forms
Morphology
The meaning 'a very large reduction' is directly derivable from combining 'steep' (implying sharp/large) with 'discount' (a price reduction). This compositional pattern is common and has clear cross-linguistic equivalents, so a B1 learner who knows both words would normally infer the intended meaning.
Etymology
Steep discount comes from the image of a steep hill and a discount dropping fast. If a price falls like a steep slope it falls a lot, so the phrase means 'a very large reduction in price'.