discount business

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Explanation of "Discount Business"

Definition:
The term "discount business" refers to a type of business that sells products or services at a lower price than the regular price. This means customers can buy items for less money than they would normally pay.

Usage Instructions:

• When to Use: You can use "discount business" when talking about stores or companies that offer lower prices on their products.
• Who Uses It: This term is often used by shoppers looking for deals, business owners who sell goods at lower prices, and those discussing retail strategies.

Example:

• "I prefer shopping at discount businesses because I can save money on clothes and groceries."

Advanced Usage:

• In a broader sense, "discount business" can refer to any enterprise that focuses on providing lower prices as a competitive advantage. For example, online retailers may also be considered discount businesses if they offer significant discounts compared to traditional stores.

Word Variants:

• Discount (noun): A reduction in price.
  • Example: "The store is offering a 20% discount on all shoes."
• Discounted (adjective): Referring to something that has a lower price.
  • Example: "I bought a discounted laptop last week."
• Discounting (verb): The act of reducing prices.
  • Example: "The store is discounting its winter clothes to make room for spring items."

Different Meanings:

• "Discount" can also mean to regard something as unimportant or to dismiss it.
  • Example: "She discounted his opinion because he had no experience."

Synonyms:

• Bargain business
• Value retailer
• Low-cost retailer

Idioms and Phrasal Verbs:

• "Cut prices" - This means to lower the prices of products.

  • Example: "The store decided to cut prices to attract more customers."

• "On sale" - This phrase means that an item is being sold at a reduced price.

  • Example: "The jacket is on sale for half off this week."

Summary:

A "discount business" is a store or company that sells goods at lower prices. It is a great option for consumers looking to save money.

Academic

Noun

1. the business of selling merchandise at a discount