DISCOUNT FARE Meaning and
Definition
-
A discount fare refers to a reduced price or rate offered for goods or services, typically in the context of transportation, such as air travel, rail travel, or bus travel. This special pricing arrangement is intended to incentivize customers to purchase tickets at a lower cost compared to the regular or standard fare.
Discount fares are commonly introduced in the travel industry as a promotional strategy to attract more customers, particularly budget-conscious travelers or those seeking better deals. These discounted rates are usually provided during off-peak seasons or non-peak travel times to maximize capacity utilization and boost sales. In some cases, discount fares may require certain restrictions, such as advance booking, limited availability, or specific travel dates.
These reduced rates can vary in terms of the amount of discount offered. The discounts may be fixed, such as a set percentage off the regular fare or a predetermined amount off the total price. Alternatively, discount fares may be variable, fluctuating based on factors like demand, time of purchase, or availability of seats.
Discount fares are beneficial for customers, as they enable them to save money while still enjoying the same travel experience. For businesses, discount fares help generate revenue during slower periods and ensure that seats or spaces are not left empty. Overall, discount fares contribute to enhancing affordability and accessibility for travelers, making it an appealing option for many.
Common Misspellings for DISCOUNT FARE
- siscount fare
- xiscount fare
- ciscount fare
- fiscount fare
- riscount fare
- eiscount fare
- duscount fare
- djscount fare
- dkscount fare
- doscount fare
- d9scount fare
- d8scount fare
- diacount fare
- dizcount fare
- dixcount fare
- didcount fare
- diecount fare
- diwcount fare
- disxount fare
- disvount fare
Etymology of DISCOUNT FARE
The word "discount" originated from the Latin term "discountare", which means "to count backwards" or "to deduct". It later evolved in Old French as "desconter" and eventually entered the English language as "discount" in the late 16th century.
The term "fare" comes from the Old English word "feran", meaning "to journey" or "to travel". Over time, it transformed into the Middle English word "faren" and eventually became "fare" in modern English.
Combining the words "discount" and "fare", the phrase "discount fare" emerged, referring to a reduced price or a deduction on the cost of travel or transportation.
Infographic
Add the infographic to your website:
