- price reducing
- lowering of prices, selling at a lower price
English contemporary dictionary. 2014.
English contemporary dictionary. 2014.
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
Price gouging — is a pejorative term for a seller pricing much higher than is considered reasonable or fair. In precise, legal usage, it is the name of a felony that applies in some of the United States only during civil emergencies. In less precise usage, it… … 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 war — ➔ war * * * price war UK US noun [C] ► COMMERCE a situation in which companies compete with each other by reducing prices: a fierce/vicious price war »A fierce price war has buffeted the US car business and caused deep unease in Detroit, the home … Financial and business terms
price-cutting — priceˈ cutting noun Lowering of prices to secure custom • • • Main Entry: ↑price * * * price cutting UK US noun [uncountable] business the practice of reducing prices in order to sell more than other companies Thesaurus: setting, controlling and… … Useful english dictionary
Price scissors — The price scissors is an economic phenomenon when for a certain group or sector of productive population the overall valuation from their production for sale outside this group drops below the valuation of the demand of this group for goods… … Wikipedia
price war — noun intense competition in which competitors cut retail prices to gain business • Syn: ↑price competition • Hypernyms: ↑competition * * * noun : a period of intensive industrial or commercial competition characterized by repeated price cutting… … Useful english dictionary
Price Skimming — A product pricing strategy by which a firm charges the highest initial price that customers will pay. As the demand of the first customers is satisfied, the firm lowers the price to attract another, more price sensitive segment. Therefore, the… … Investment dictionary
price reduction — n. act of reducing the selling price of goods … English contemporary dictionary