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price reductiona decrease in the amount of money charged for goods or services

Part of speech: NOUN

Definition: a decrease in the amount of money charged for goods or services

Pronunciation (IPA): /praɪs rɪˈdʌkʃən/

Example Sentences

  • The CEO's announcement of a price reduction made customers dance in the aisles.
  • Due to fierce competition, the company had to implement a price reduction policy.
  • The price reduction was so dramatic that people thought it was a typo.

price reduction

NOUN

[/praɪs rɪˈdʌkʃən/]

a decrease in the amount of money charged for goods or services

a cheerful store clerk holds up a jacket while gesturing enthusiastically to a surprised customer. The customer examines the same jacket she was looking at earlier with a delighted expression. The clerk points to where the original higher amount was crossed out on a blank tag, now showing a much lower amount. The customer's face lights up as she realizes she can afford the jacket now. Other shoppers in the background browse through marked-down merchandise with excited expressions. Store employees arrange discounted items on display racks throughout the scene.  a decrease in the amount of money charged for goods or services
💡 Concept

a cheerful store clerk holds up a jacket while gesturing enthusiastically to a surprised customer. The customer examines the same jacket she was looking at earlier with a delighted expression. The clerk points to where the original higher amount was crossed out on a blank tag, now showing a much lower amount. The customer's face lights up as she realizes she can afford the jacket now. Other shoppers in the background browse through marked-down merchandise with excited expressions. Store employees arrange discounted items on display racks throughout the scene. a decrease in the amount of money charged for goods or services

Clear instruction boosts production for price reduction!
🎵 Rhyme

Clear instruction boosts production for price reduction!

Got the picture? Now let's practice.

🎤Pronunciation

🇺🇸 US/praɪs rɪˈdʌkʃən/
🇬🇧 UK/praɪs rɪˈdʌkʃən/

🌳Etymology

Rootprice

🎵Rhyme

productionconstructioninstruction
production
construction
instruction

🔗Collocations

significant price reduction
announce price reduction
price reduction strategy
temporary price reduction
massive price reduction
implement price reduction

📝Examples

😄 Fun example

The CEO's announcement of a price reduction made customers dance in the aisles.

Due to fierce competition, the company had to implement a price reduction policy.

😄 Fun example

The price reduction was so dramatic that people thought it was a typo.

Customers are always looking for price reductions during the holiday season.

📚Related Words

Synonyms

discountmarkdowncutdecreasesale

Antonyms

price increasemarkupsurcharge

Related

promotionclearancerebatespecial offerbargain

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