noun

The word "discount" means a reduction in the price of something. For example, if an item normally costs $100 but is sold for $80, there is a $20 discount.

Example

1. The store is having a sale on shoes. There are discounts up to 50% off.
2. I got a discount on my movie ticket because I am a student.
3. I got a discount on my new shoes because they were on sale.