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Tags: commerce
Categories: Economics & Finance
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. (source: http://www.qfinance.com/dictionary/discount)
Synonyms:
rebate, sales
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