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Definitions from WordNet

Definitions from the Web

Term: Price Reduction

Definition:

A price reduction refers to a decrease or reduction in the cost or price of a product or service.

Senses:

Sense 1:

Noun: The act of lowering the price of a product or service.

Example sentence:

The supermarket announced a price reduction on various grocery items.

Sense 2:

Noun: The difference between the original price and the reduced price of a product or service.

Example sentence:

The price reduction on the latest smartphone model attracted many customers.

Sense 3:

Adjective: Describing something that has undergone a decrease in price.

Example sentence:

The price reduction offer made the laptop a more affordable option.

Sense 4:

Verb: The action of reducing the price of a product or service.

Example sentence:

The company decided to price reduce their entire inventory to boost sales.

Possible Related Products:

• Discounted Products on Amazon
• Sale Items on Amazon
• Clearance Deals on Amazon