To discount
Example: They discount prices to increase sales
Definition
"To discount" means to reduce the price of an item or service, often to encourage purchases or sales. It involves offering a lower price than the usual or listed amount, making products more attractive to buyers in commercial transactions.
Etymology
The verb "to discount" originates from the Old French word 'descompter,' meaning to deduct or subtract. It entered English in the late Middle Ages, initially used in financial contexts to indicate deducting interest or fees. Over time, it evolved to mean reducing prices as a marketing strategy.
Learn to use this word actively
"To discount" appears in the Vocaplus list "English - General - (B2) - set 4", containing 112 commonly used words.
Would you like to not only understand these words, but also remember them and use them actively? Create a free account and select English as the language you want to learn.
Create a free account
