Glossary

To assign as a share or portion; to set aside.

The amount of money that is available for a specific purpose.

Reducing the price or value of an object or item.

The discount is often given as a percent. When this is the case, you can find the amount of discount by multiplying the original price by the rate of discount, which is the decimal form of the discount (remember: to go from percent to decimal, divide the percent by 100, or move the decimal two places to the left).

The price at which something is sold at after it has been discounted or reduced.