Definition, Meaning & Synonyms
decrease-the-price
verb phrase
/dɪˈkriːs ðə praɪs/
Definition
To lower the selling price of a product or service.
Examples
- The store decided to decrease the price of their shoes to attract more customers.
- During the sale, they will decrease the price on select electronics.
- She was happy to see that the store had decreased the price of her favorite dress.
Meaning
When the cost of an item is reduced, making it more affordable for buyers.
Synonyms
- Lower the cost
- Cut the price
- Discount
