discounting

Meanings

• Verb

  The act of reducing the price of goods, services, or costs.

• Noun

  A financial adjustment to reflect a new estimation of the value of an asset or a liability.

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Rhymes

Words rhyming with discounting
counting , mounting , accounting

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Variants

List of all variants of discounting that leads to same result
discount , discounted , discounter , discounters , discounting , discounts

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Forms

Different forms of the word (e.g., verb conjugations, plural forms, comparative/superlative forms for adjectives).

discounts, discounting off, discounted, discountable

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Etymology

origin and the way in which meanings have changed throughout history.

From Old French descounter, from dis- 'off, away' + compter 'count'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The first recorded use of discounting was in ancient Egypt, where merchants would offer discounts to customers who paid in cash.

2. Discounting is not only used for goods and services, but also for intangible assets such as stocks and bonds.

3. The largest discount ever offered on a house was a 99.9% discount, which was given to a man in California in 2010 as a prank.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Sale: A discount is a type of sale, where the price of an item is reduced to encourage sales.

2. Markdown: A type of discount where the price of an item is marked down from its original price.

3. Clearance sale: A sale of items that are being discontinued or are no longer in stock, often with deep discounts.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Discounting is a common practice in various industries and markets, including retail, finance, and insurance. It is used to attract customers, increase sales, and manage costs. Discounting has been a popular theme in literature and art, with numerous works exploring its impact on society and individuals.

How to Memorize "discounting"

1. visualize
   

   - Imagine a retailer marking down prices on items to attract customers.
   - Visualize a financial analyst adjusting the value of an asset based on new information.

2. associate
   

   - Associate discounting with savings and bargains.
   - Associate discounting with attracting customers and increasing sales.

3. mnemonics
   

   - Use the mnemonic 'D-iscounts A-nd P-rices T-o Attract C-ustomers S-ales' to remember the meaning of discounting.

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