reduce price
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Price war — is a term used in business to indicate a state of intense competitive rivalry accompanied by a multi lateral series of price reductions. One competitor will lower its price, then others will lower their prices to match. If one of the reactors… … Wikipedia
reduce — re‧duce [rɪˈdjuːs ǁ rɪˈduːs] verb [transitive] to make something less or smaller in price, amount, or size: • Jobs have been cut in order to reduce costs. • Prices have been reduced by 20%. reduce something (from something) to something … Financial and business terms
Price discrimination — or price differentiation[1] exists when sales of identical goods or services are transacted at different prices from the same provider.[2] In a theoretical market with perfect information, perfect substitutes, and no transaction costs or… … Wikipedia
Price fixing — is an agreement between business competitors to sell the same product or service at the same price.In general, it is an agreement intended to ultimately push the price of a product as high as possible, leading to profits for all the sellers.… … Wikipedia
Price mechanism — is an economic term that refers to the buyers and sellers who negotiate prices of goods or services depending on demand and supply.[1] A price mechanism or market based mechanism refers to a wide variety of ways to match up buyers and sellers… … Wikipedia
price-cutting — ˈprice ˌcutting noun [uncountable] COMMERCE when sellers reduce prices, usually several times over a relatively short period of time: • The drawback to price cutting is that competitors are likely to cut prices too. • The supermarket chain… … Financial and business terms
price — [n1] financial value amount, appraisal, appraisement, asking price, assessment, barter, bill, bounty, ceiling, charge, compensation, consideration, cost, damage, demand, disbursement, discount, dues, estimate, exaction, expenditure, expense, face … New thesaurus
reduce — [ri do͞os′, ridyo͞os′] vt. reduced, reducing [ME reducen < L reducere, to lead back < re , back + ducere, to lead: see DUCT] 1. a) to lessen in any way, as in size, weight, amount, value, price, etc.; diminish b) to put into a simpler or… … English World dictionary
price-cut — price cutter, n. /pruys kut /, v.t., price cut, price cutting. to reduce the price of, esp. to gain a competitive advantage. [1920 25] * * * … Universalium
price-cut — price cutter, n. /pruys kut /, v.t., price cut, price cutting. to reduce the price of, esp. to gain a competitive advantage. [1920 25] … Useful english dictionary
price war — n a situation in which several companies reduce the prices of what they sell, because they are all trying to get the most customers … Dictionary of contemporary English
