Price Cut (Noun)
Meaning
Cutting the price of merchandise to one lower than the usual or advertised price.
Classification
Nouns denoting acts or actions.
Examples
- The company announced a price cut on all winter clothing, with discounts of up to 50% off.
- The store offered a price cut on select electronics during the holiday sales event.
- The airline implemented a price cut on domestic flights to stimulate demand.
- The manufacturer was forced to apply a price cut on its products to stay competitive in the market.
- The retailer made a surprise price cut on its best-selling video game consoles.