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WordNet
price reduction

n. the act of reducing the selling price of merchandise [syn: discount, deduction]

Usage examples of "price reduction".

Space mining means going to the asteroids, and even assuming a tenfold price reduction for a ticket to low Earth orbit, getting out to the asteroids is going to cost more.

He went into the Bijou Theatre, taking advantage of the price reduction for servicemen, and watched Ronald Reagan playing a Naval aviator in a movie called Dive Bomber.