Definitions and Examples of discount, reduction, penalty
Learn when and how to use these words with these examples!
A deduction from the usual cost of something, typically given as a promotion or incentive.
Example
The store offered a 20% discount on all items during the holiday season.
The act of making something smaller or less in amount, size, or price.
Example
The company announced a 10% reduction in prices for its products.
A punishment imposed for breaking a rule or law, or for failing to do something that is required.
Example
He had to pay a penalty for not submitting his tax returns on time.
Key Differences: discount vs reduction vs penalty
- 1Discount refers to a reduction in price, often used as a promotion or incentive.
- 2Reduction implies a decrease in amount, size, or price.
- 3Penalty refers to an additional cost or punishment for breaking a rule or law.
Effective Usage of discount, reduction, penalty
- 1Shopping: Use discount and reduction when looking for deals and promotions.
- 2Legal Matters: Use penalty when referring to legal consequences for breaking rules or laws.
- 3Business: Use premium to describe high-quality products or services, and discount or reduction to refer to price reductions.
Remember this!
The antonyms of premium have distinct meanings: discount and reduction refer to a decrease in price or value, while penalty implies an additional cost or punishment. Use these words in different contexts such as shopping, legal matters, and business to convey the intended meaning accurately.
