price off
/praɪs ɒf/ · priced ˈoff
verb
- to remove or discount items from a list or inventory based on their value The store manager decided to price off the slow-moving items to make room for new stock.
- to deduct or subtract a certain amount from something, especially a price The company priced off 10% from the original price to make it more competitive.
noun
- the act of removing or discounting items from a list or inventory based on their value The store's pricing strategy involved pricing off the most expensive items first.
Did you know? The phrase 'price off' is often used in retail and business contexts to describe the process of removing or discounting items from a list or inventory based on their value, which can help to clear out old stock and make room for new products.