Discounting: meaning, definitions and examples
๐ธ
discounting
[dษชs'kaสntษชล ]
Definitions
finance
To deduct a certain amount from the original price or value of something, typically as a form of promotion or incentive.
Synonyms
Which Synonym Should You Choose?
Word | Description / Examples |
---|---|
discounting |
Used primarily when talking about reducing prices, often in a commercial or consumer context. It implies a calculated reduction, often for a promotional purpose.
|
reduce |
Commonly used to talk about making something smaller or less in amount, degree, or size. Neutral tone is common.
|
decrease |
Used in both formal and informal settings to describe a decline in quantity, quality, or value. Neutral in tone.
|
cut |
Typically used in a broader context, including budgets, prices, or even resources. It can sometimes have a negative connotation, especially when relating to reducing something beneficial.
|
lower |
Often used to talk about reducing prices, levels, or standards. It can be used in both casual and formal contexts.
|
Examples of usage
- Many stores offer discounting during holiday sales.
- The company is discounting their products to attract more customers.
- She decided to discount the price of the car to make a quick sale.
finance
The act of reducing the original price or value of something.
Synonyms
deduction, price reduction.
Which Synonym Should You Choose?
Word | Description / Examples |
---|---|
discounting |
Used in business or financial settings when referring to the reduction of prices or the calculation of present value of future cash flows.
|
price reduction |
Commonly used in retail or sales contexts to indicate a decrease in the price of goods or services.
|
deduction |
Often used in tax, accounting, or logical reasoning contexts to refer to subtracting an amount or deriving a conclusion.
|
Examples of usage
- The discounting of the products led to a significant increase in sales.
- Customers are always attracted by the prospect of getting a discount.
Interesting Facts
Etymology
- The word comes from the Latin term 'discomputare', which means to take away from a total.
- In Middle French, it evolved into 'descomter', meaning to subtract or deduct.
- By the late 18th century, it began to be used in English to refer to price reductions.
Economics
- Discounting reflects future cash flow's present value, a key principle in finance.
- Retailers frequently use discounting to attract more customers and stimulate sales during slow periods.
- When economists analyze consumer behavior, discounting plays a crucial role in understanding demand fluctuations.
Psychology
- People often perceive discounted items as better deals, even if their original price was inflated.
- The anchoring effect explains how consumers compare discounts to the original price, influencing their purchasing decisions.
- A psychological factor known as price sensitivity can amplify reactions to discounting strategies.
Marketing
- Marketing strategies often incorporate discounting as a tactic to create urgency and encourage immediate purchases.
- Limited-time offers can effectively drive consumer action, exploiting fear of missing out (FOMO).
- Discounts can enhance brand perception, making consumers believe they are getting more value.
Pop Culture
- Many famous sales events, like Black Friday, revolve around discounting to attract consumers.
- Movies and shows often highlight characters using discounting skills to navigate financial challenges.
- Discount stores have become icons in popular culture, symbolizing thriftiness and smart shopping.
Translations
Translations of the word "discounting" in other languages:
๐ต๐น desconto
๐ฎ๐ณ เคเฅเค
๐ฉ๐ช Rabatt
๐ฎ๐ฉ diskon
๐บ๐ฆ ะทะฝะธะถะบะฐ
๐ต๐ฑ rabat
๐ฏ๐ต ใใฃในใซใฆใณใ
๐ซ๐ท rabais
๐ช๐ธ descuento
๐น๐ท indirim
๐ฐ๐ท ํ ์ธ
๐ธ๐ฆ ุฎุตู
๐จ๐ฟ sleva
๐ธ๐ฐ zฤพava
๐จ๐ณ ๆๆฃ
๐ธ๐ฎ popust
๐ฎ๐ธ afslรกttur
๐ฐ๐ฟ ะถะตาฃัะปะดัะบ
๐ฌ๐ช แคแแกแแแแแแแ
๐ฆ๐ฟ endirim
๐ฒ๐ฝ descuento
Word Frequency Rank
With rank #17,343, this word belongs to specialized vocabulary. While not common in everyday speech, it enriches your ability to express complex ideas.
- ...
- 17340 warring
- 17341 unorganized
- 17342 smothered
- 17343 discounting
- 17344 arbiter
- 17345 radicalism
- 17346 rallying
- ...