Discounted

Discounted refers to a reduced price or a lower cost than the usual or original price of something. This reduction can be applied to various goods, services, or financial instruments. It signifies a financial benefit for the buyer, offering an opportunity to acquire an item or utilize a service at a more affordable rate. Discounts are often used by businesses as a marketing strategy to attract customers, clear out excess inventory, or incentivize purchases during specific periods or for specific groups of people. The percentage or amount of the reduction varies based on factors like product type, condition, demand, and the seller's policies.

Discounted meaning with examples

• The retailer announced a Discounted price on all winter coats at the end of the season to clear out inventory. Shoppers flocked to the store, eager to purchase the coats at a fraction of their original cost. This allowed the business to move old stock, and customers received a great deal, leading to a win-win scenario with the Discounted pricing.
• Due to a manufacturing defect, the store offered a Discounted rate for the slightly flawed furniture. This price reduction helped to alleviate the company's loss, and many customers who didn't mind the imperfection took advantage. They acquired quality items for far less than they would normally cost, thanks to the company offering the furniture at a Discounted rate.
• The airline advertised Discounted flights during the off-peak season to increase bookings. By lowering the price of tickets, they attracted more passengers who were more flexible with their travel dates. This approach maximized the utilization of the available seats, filling them for flights that might have remained partially empty without the Discounted pricing.
• A financial institution offered Discounted interest rates on home loans to attract new borrowers. This reduction in the cost of borrowing made homeownership more accessible to a wider segment of the population. The bank hoped to generate increased mortgage volume by using a Discounted rate, making real estate more accessible.