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Markdown
A reduction from the original or retail price of a product or service, often used to stimulate sales or clear inventory.
Real Estate Commission
The fee paid to a real estate agent or broker for their services, usually a percentage of the property's sale price.
Trade Discount
A reduction in the listed price of a good or service offered by a vendor to buyers in the same trade.
Retail Price
The total cost at which an item is sold to the consumer, including all applicable taxes and fees.
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