What does "price cut" mean?

A reduction of the price of goods or merchandise to one lower than the usual or advertised price.

What is a synonym for "price cut"?

Common synonyms include: abatement, agio, allowance, bank discount, break, breakage.

noun

noun ·Uncommon ·College level

Noun

1
A reduction of the price of goods or merchandise to one lower than the usual or advertised price.
2
cutting the price of merchandise to one lower than the usual or advertised price wordnet