modest price reduction

USAGE SUMMARY

The phrase "modest price reduction" is correct and usable in written English.
It can be used when referring to a small decrease in the price of a product or service. Example: "The store is offering a modest price reduction on all winter clothing to make room for the spring collection."

✓ Grammatically correct

Academia

Formal & Business

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Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

But few outside experts think the increase will be big enough to cause more than modest price reductions at the gasoline pump.

The New York Times

Progressive 's management says that competition in the auto-insurance market is heating up due to strong industry-wide profitability in 2004, and the company plans modest price reductions in 2005.

Forbes

In the end, the costs of the minimum wage will be borne by turnover reductions, productivity increases and modest price increases.

University of California, Berkeley

His idea is to set a modest price on a ton of emissions, gradually increasing it each year until the desired reduction in heat-trapping-gas pollution is achieved.

The New York Times

And what about the price reduction?

The New York Times

Estimated price reduction: between fifteen and seventeen per cent.

The New Yorker

He also reported modest price increases.

The New York Times

A price reduction doesn't necessarily mean prices are dropping.

The New York Times

How does that help in price reduction?

The Washington Post

Its analysis found "past evidence of modest price rises..

The Times

1) Price reduction.

TechCrunch

Expert writing Tips

Best practice

In formal contexts, "modest price reduction" can be used to professionally communicate a price adjustment without overstating the benefit.

Common error

Avoid using "modest price reduction" when the price decrease is significant. Using "substantial price reduction" is more appropriate for larger discounts.

Linguistic Context

The phrase "modest price reduction" functions as a noun phrase, where "modest" acts as an adjective modifying the noun phrase "price reduction". This phrase is used to describe the extent of a decrease in price.

Expression frequency: Missing

Frequent in

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Less common in

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Ludwig's WRAP-UP

In summary, "modest price reduction" is a grammatically correct and commonly used phrase that describes a small decrease in price. Ludwig AI suggests its primary function is to inform about a minor price adjustment, suitable for professional contexts. While there are no exact examples in the provided search data, understanding its nuances and alternatives, such as "slight discount" or "small price cut", is crucial for effective communication. Remember to use it when the reduction is genuinely small to avoid misleading your audience.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

slight discount

Replaces "price reduction" with "discount", emphasizing the reduced amount rather than the action of reducing.

small price cut

Substitutes "reduction" with "cut", using a more informal term for a price decrease.

minor markdown

Replaces "modest price reduction" with "minor markdown", focusing on the act of marking down the price.

marginal price decrease

Uses more formal terms "marginal" and "decrease" instead of "modest" and "reduction".

limited price concession

Emphasizes the act of giving a small allowance on the price.

tiny price break

Offers a more colloquial alternative using "break" instead of reduction.

reasonable price adjustment

Focuses on the fairness of the price change, rather than the size of the reduction.

small promotional offer

Highlights the offer as a promotion, which implies a temporary price reduction.

nominal price alteration

Employs more technical language, suggesting the price change is minimal and not significantly impactful.

slight pricing adjustment

More formal way to express a minor change in price.

FAQs

What does "modest price reduction" mean?

A "modest price reduction" indicates a small or slight decrease in the price of a product or service. It suggests the price has been lowered, but not by a significant amount.

What can I say instead of "modest price reduction"?

You can use alternatives like "slight discount", "small price cut", or "minor markdown" depending on the context.

When is it appropriate to use the term "modest price reduction"?

It's appropriate when the price decrease is not substantial. If the reduction is large, using terms like "significant discount" or "major price drop" would be more accurate.

How does a "modest price reduction" differ from a "price reduction"?

While a "price reduction" simply means that the price has been lowered, a "modest price reduction" specifies that the decrease is relatively small or limited in scope. It adds the nuance of scale.