Discounting
Pronunciation: /ˈdɪˌskaʊntɪŋ/
Discounting (noun)
- A reduction in the usual price of goods or services, often offered for a limited time.
- A method for finding today’s value of money expected later, using a rate to account for time and risk.
- The process of lowering the importance of future results because they may not happen as expected.
Examples
- The store offers discounting on selected items.
- Discounting helps customers buy things for less money.