Definition, Meaning & Synonyms
steep-discount
Noun
/stiːp ˈdɪskaʊnt/
Definition
A steep discount refers to a significant reduction from the original price of a product or service.
Examples
- During the holiday sale, the store offered steep discounts on all electronics.
- She bought a designer handbag at a steep discount during the clearance event.
- The steep discount on the winter coats made them hard to resist.
Meaning
When something is offered at a steep discount, it means that the price has been lowered by a considerable amount, making it more affordable for buyers.
Synonyms
- Significant markdown
- Heavy discount
- Major price cut
