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Discover LudwigThe phrase "a price reduction" is correct and usable in written English.
It can be used when referring to a decrease in the cost of a product or service.
Example: "The store is offering a price reduction on all winter clothing to make room for the spring collection."
Alternatives: "a discount" or "a markdown".
Exact(57)
A price reduction doesn't necessarily mean prices are dropping.
Vince projects the next change will be a price reduction, not an increase.
"Even a price reduction of $300,000 has not changed the salability," she said.
Intermountain previously had negotiated a price reduction from the manufacturer that saved thousands of dollars on each device.
Neither of these is credible in the case of pharmaceuticals, where the profit loss would come from a price reduction.
With the exception of the penthouse, which is listed at $60 million, the co-ops underwent a price reduction.
Glaxo was the only company to specify a price reduction publicly, announcing it would cut Combivir from $16 to $2 a day.
If the attempt at a repair or replacement is unsuccessful, you can claim a refund or a price reduction if you wish to keep the product.
The fear, officials said, was that a price reduction would set a dreadful precedent and that no bidders would take the rules of auctions seriously in the future.
Prior to receiving this information I was approached by a comparison company offering me a price reduction for next year's contract.
Similar(1)
As a lawyer, I'll convey the reasons a buyer wishes a substantial price reduction, or redirect negotiations as a seller desires.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com