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Business English vocabulary · Negotiations

Discount

Meaning in business english, with examples

/ˈdɪskaʊnt/nounCore term

In business english, discount means: An amount or percentage taken off the usual price, for example for large orders, early payment or loyal customers.

In Turkish: indirim, iskonto

How it is used

In negotiations you ask for, offer, give or agree a discount: 'a 10% discount', 'a volume discount', 'a discount for early payment'. Sellers often give a discount only in return for something, such as a longer contract.

Example sentences

  1. If you order more than 1,000 units, we can offer a 7% discount.

  2. They agreed to a discount on condition that we sign a two-year contract.

Common collocations

  • offer a discount
  • volume discount
  • 10% discount
  • discount on something
  • early payment discount
  • concessionSomething that one side agrees to give up or allow during a negotiation in order to reach an agreement.
  • quoteA written or spoken statement of the exact price a supplier will charge for a particular job, product or service.
  • offerA statement that you are willing to sell, buy, pay or do something under certain conditions, which the other side can accept or reject.
  • meet halfwayTo reach an agreement by each side accepting part of what the other wants, for example by splitting a price difference.

This word in other fields

The same English word can have a different meaning in another field:

More terms: Negotiations

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