What is a discount?

Recently, in everyday life, the word "discount" is very often used. Let's see what kind of word this is and where it came from in our language.

Meaning of the word

Like many other words, the "discount" has English roots. The word "discount" in translation into Russian means - a discount. The well-known use of the word is a concession, a reduction.

What is a discount in everyday life, we all know perfectly well - this is a discount on the goods from the previously announced price. Such a discount can be different:

  • the difference in the price of the lot, depending on the time of delivery;
  • decrease in the value of the goods in case of non-compliance with the declared quality;
  • commercially profitable discount - seasonal, club card, etc.

Also, the word discount is also used in the economic sphere. Thus, the purchase of bills (bonds, treasury bonds) at a price below nominal is called a discount.

Discount is the difference between the actual value of collateral in the relevant market and its collateral price to establish the amount of collateral.

The concept of "discount" is often used forattract new customers and increase sales at certain times. Entire discount centers are created in which goods are sold at significantly reduced prices. Often these are things from past collections or goods that are not sold in regular stores even on sales.

More new words and definitions can be found in the Definitions section.



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