Discounting: meaning, definitions and examples

๐Ÿ’ธ
Add to dictionary

discounting

 

[dษชs'kaสŠntษชล‹ ]

Definitions

Context #1 | Verb

finance

To deduct a certain amount from the original price or value of something, typically as a form of promotion or incentive.

Synonyms

cut, decrease, lower, reduce.

Which Synonym Should You Choose?

arrow down
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.

  • The store is discounting all summer clothes this week
  • They offered me a discounting on the new laptop
reduce

Commonly used to talk about making something smaller or less in amount, degree, or size. Neutral tone is common.

  • We need to reduce our energy consumption
  • The doctor advised him to reduce his sugar intake
decrease

Used in both formal and informal settings to describe a decline in quantity, quality, or value. Neutral in tone.

  • There has been a decrease in crime rates this year
  • We noticed a decrease in customer satisfaction
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.

  • The government decided to cut funding for the project
  • The company had to cut its workforce by 10%
lower

Often used to talk about reducing prices, levels, or standards. It can be used in both casual and formal contexts.

  • They decided to lower the price of the ticket
  • We need to lower our expectations for this project

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.
Context #2 | Noun

finance

The act of reducing the original price or value of something.

Synonyms

deduction, price reduction.

Which Synonym Should You Choose?

arrow down
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.

  • The store is discounting all summer clothing by 20%.
  • When discounting future cash flows, they used a rate of 5%.
price reduction

Commonly used in retail or sales contexts to indicate a decrease in the price of goods or services.

  • There is a significant price reduction on all electronics this weekend.
  • The price reduction attracted more customers to the store.
deduction

Often used in tax, accounting, or logical reasoning contexts to refer to subtracting an amount or deriving a conclusion.

  • She claimed a tax deduction for her home office expenses.
  • After careful deduction, the detective solved the mystery.

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:

๐Ÿ‡ต๐Ÿ‡น desconto

๐Ÿ‡ฎ๐Ÿ‡ณ เค›เฅ‚เคŸ

๐Ÿ‡ฉ๐Ÿ‡ช Rabatt

๐Ÿ‡ฎ๐Ÿ‡ฉ diskon

๐Ÿ‡บ๐Ÿ‡ฆ ะทะฝะธะถะบะฐ

๐Ÿ‡ต๐Ÿ‡ฑ rabat

๐Ÿ‡ฏ๐Ÿ‡ต ใƒ‡ใ‚ฃใ‚นใ‚ซใ‚ฆใƒณใƒˆ

๐Ÿ‡ซ๐Ÿ‡ท rabais

๐Ÿ‡ช๐Ÿ‡ธ descuento

๐Ÿ‡น๐Ÿ‡ท indirim

๐Ÿ‡ฐ๐Ÿ‡ท ํ• ์ธ

๐Ÿ‡ธ๐Ÿ‡ฆ ุฎุตู…

๐Ÿ‡จ๐Ÿ‡ฟ sleva

๐Ÿ‡ธ๐Ÿ‡ฐ zฤพava

๐Ÿ‡จ๐Ÿ‡ณ ๆŠ˜ๆ‰ฃ

๐Ÿ‡ธ๐Ÿ‡ฎ popust

๐Ÿ‡ฎ๐Ÿ‡ธ afslรกttur

๐Ÿ‡ฐ๐Ÿ‡ฟ ะถะตาฃั–ะปะดั–ะบ

๐Ÿ‡ฌ๐Ÿ‡ช แƒคแƒแƒกแƒ“แƒแƒ™แƒšแƒ”แƒ‘แƒ

๐Ÿ‡ฆ๐Ÿ‡ฟ endirim

๐Ÿ‡ฒ๐Ÿ‡ฝ 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.