verb
- past tense and past participle of reprice; to set a new price for something, typically lower than the original price
Usage: business; commerce
Examples
- The store repriced all winter coats after the season ended.
- Management repriced the product to compete with similar items.
- The house was repriced at $50,000 below the original asking price.
- After poor sales, the company repriced its entire inventory.
- The retailer repriced the electronics to clear out old stock.
- They repriced the menu items to attract more customers.