a reduction in the price of goods or services in relation to the standard price. A discount is a selling technique that is used, for example, to encourage customers to buy in large quantities or to make payments in cash. It can also be used to improve sales of a slow-moving line. The greater the purchasing power of the buyer, the greater the discounts that can be negotiated. Some companies inflate original list prices to give the impression that discounts offer value for money; conversely too many genuine discounts may harm profitability.
the difference between the share price of an investment trust and its net asset value
Wiktionary Definition for: Discount
#To deduct from an account, debt, charge, and the like; to make an abatement of; as, merchants sometimes discount five or six per cent for prompt payment of bills.
#To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange.
#To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
#To leave out of account; to take no notice of.
#To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.
#A reduction in price.
#A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.
#The rate of interest charged in discounting.
#Of goods, available at reduced prices; discounted.
Ex:''This store specializes in '''discount''' wares.''
#Of a store, specializing in goods at reduced prices.
Ex:''If you're looking for cheap clothes, there's a '''discount''' clothier around the corner.''
Use this template to announce the discount offer. Discount will have more impact if it has a time limit on it. Be specific about the terms and conditions of the discount to avoid any confusion.
If your customer has asked you for the discount on the purchase they have made. And as per the company policy you cant give the discount. Use this template to explain your customer about your pricing policy and the discount given on it.
Members of AFL-CIO unions can now receive a 10% discount on AT&T wireless phone service, along with a $50 savings on new phones and accessories through October 31. Current AT&T/Cingular customers will need to renew their contracts for two years to be eligible for the discount and should give the...
LOS ANGELES -- No Borders, Inc., (OTCBB: NBDR) announced today the consummation of an agreement with Discount Development Services, LLC which will provide and maintain a discount health benefit program for all participating No Borders' customers. Each No Borders' customer will have the opportunity to purchase the DDS discount package...
Beginning May 9, the name of Barclays Discount Bank will be changed to Mercantile Discount Bank Ltd. The name was chosen by the management of Israel Discount Bank Ltd. Barclays Discount has a subsidiary by the name of Israel Mercantile Bank, from whi Beginning May 9,...
BOSTON--BUSINESS WIRE--Feb. 16, 1999--Liberty Mutual Group announced today that it has amended the Step 9 driver discount it filed with the Massachusetts Department of Insurance on January 26, increasing the planned discount from 5 percent to 8 percent.
The real power behind the new Kmart discount store is the retailer's ability to bring specialty store merchandising concepts into a discount store environment--in a cost-effective manner.
Medicare is contracting with private companies to offer Medicare-approved drug discount cards. People can choose one of the discount cards offered by these private companies, to help them save on outpatient prescription drugs. Medicare can help them compare their options before they choose a card. Private companies might also send...
It's really hard to come up with a position that seems fair to both sides, but the recent U.S. Postal Service filing for a discount for palletized second-class mail is clearly going to be the source of considerable argument between large and small publishing companies.
From the executive summary: ‘The rise of discounters has pinched margins and threatened the business model of many traditional retailers. There are ways to fight back, however, ranging from improving consumers’ perception of a store’s value to optimizing prices on the products that really matter.’ The process of discount retailing...
YONKERS, N.Y. -- Comprehensive HealthCare Solutions, Inc. (OTC:BB CMHS.OB) unveiled today a new benefit to be included with the company's prescription discount card. Comprehensive will now offer a nationwide vision plan, at no additional cost, to any municipality contracting with Comprehensive to distribute the company's prescription discount card to their...
Medicare is contracting with private companies to offer Medicare-approved drug discount cards. People can choose one of the discount cards offered by these private companies, to help them save on outpatient prescription drugs. Almost anyone with Medicare can get a discount card. The only people who aren't eligible are those...
The fight for control of Israel's Barclays Discount Bank is continuing. Both British businessman Bernard Schreier and Israel Discount Bank are vying to buy the equity in Barclays Discount currently held by Britain's Barclays Bank. The British bank wa The fight for control of Israel's Barclays...
Wal-Mart's recent difficulties in California may cause some to snicker that the retailer's hitherto irresistible growth in food and consumables may finally have begun bouncing up against some unmovable objects. Wal-Mart, though, is forging tools that can sweep aside barriers to its expansion, starting with that old stalwart, the discount...
Nationwide DSN report -- The viability of discount and club stores as sites for gasoline retailing is being put to the test this year as Costco and Wal-Mart grow their respective concepts, company officials told Discount Store News.
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