Discount

A discount is a reduction in the usual price of a product or service. It is often expressed as a percentage or a fixed amount deducted from the original price. Discounts can be offered for various reasons, such as promotional sales, seasonal sales, customer loyalty, clearance of inventory, or special events. The purpose of a discount is to encourage purchases, increase sales volume, and attract customers by providing financial incentive. Discounts can apply to individual items or entire orders and can be temporary or permanent. They are commonly used in retail, online shopping, and service industries.