Discounting Meaning: Definition, Examples, and Translations
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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 |
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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.
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reduce |
Commonly used to talk about making something smaller or less in amount, degree, or size. Neutral tone is common.
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decrease |
Used in both formal and informal settings to describe a decline in quantity, quality, or value. Neutral in tone.
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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.
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lower |
Often used to talk about reducing prices, levels, or standards. It can be used in both casual and formal contexts.
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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 |
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discounting |
Used in business or financial settings when referring to the reduction of prices or the calculation of present value of future cash flows.
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price reduction |
Commonly used in retail or sales contexts to indicate a decrease in the price of goods or services.
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deduction |
Often used in tax, accounting, or logical reasoning contexts to refer to subtracting an amount or deriving a conclusion.
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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.
Translations
To see the translation, please select a language from the options available.
Interesting Facts
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.
Origin of 'discounting'
Main points about word origin
- 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.
The term 'discounting' originated from the Old French word 'descompter', which means 'to count back'. It was first used in the 17th century in the context of commerce and finance. Over time, the concept of discounting has become a common practice in retail and business industries, offering customers the opportunity to save money and stimulating sales.
See also: discounts.
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
- ...