降价 jiàngjià to cut the price
to cut the price; to drive down the price; to get cheaper
How to remember 降价: 降 to descend + 价 price = to cut the price.
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How it is used
- A verb-object compound meaning to cut prices, often used intransitively: 降价了 (prices came down).
- 商店降价促销 (the store cut prices for a sale) - common in retail and shopping talk.
- Different from 打折 (dǎzhé, discount by percentage, e.g. 打八折 = 20% off) - 降价 is about the absolute price dropping, not a percentage-off framing.
- Common, everyday word around shopping and sales.