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Bargain vs. Discount: What's the Difference?

Edited by Sumera Saeed || By Sawaira Riaz || Updated on September 30, 2023
A bargain is a deal or transaction agreed upon as beneficial for all parties; a discount is a reduction in price.

Key Differences

A bargain and a discount are terms often used interchangeably in the context of purchasing, but they hold different meanings. A bargain refers to an agreement between buyer and seller on the price and terms of a transaction, implying that both parties perceive the deal as beneficial. It emphasizes mutual agreement and perceived value. In contrast, a discount is straightforward; it is a reduction applied to the original price of a good or service, granted by the seller to the buyer.
Sawaira Riaz
Sep 30, 2023
In the context of retail and sales, a bargain is generally associated with negotiation. It often refers to an item being bought at a price lower than the initial asking price, achieved through discussion and compromise between the buyer and the seller. In contrast, a discount is a predetermined reduction in price, often calculated as a percentage of the original price. It is typically offered by sellers to entice buyers and does not involve negotiation.
Sawaira Riaz
Sep 30, 2023
The term bargain is also used more broadly to denote an agreement between parties in various contexts, not limited to commercial transactions. It can be related to agreements about terms, conditions, and expectations in various situations. On the other hand, the term discount is specifically tied to pricing and is primarily used in the context of selling goods and services. It denotes a unilateral price concession given by the seller to the buyer.
Sawaira Riaz
Sep 30, 2023
The essence of a bargain lies in its mutual agreement and the perceived beneficial outcome for all involved parties, while the essence of a discount lies in its role as a pricing strategy, reducing the purchase cost for the buyer. Both concepts play crucial roles in commerce, impacting buying decisions and transaction dynamics, but they operate on different principles and contexts.
Janet White
Sep 30, 2023

Comparison Chart

Definition

An agreement between buyer and seller on price and terms.
A reduction applied to the original price.
Sawaira Riaz
Sep 30, 2023
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Nature

Mutual agreement and perceived value.
Predetermined and unilateral price concession.
Sawaira Riaz
Sep 30, 2023

Application

Applies to various contexts, not limited to commercial transactions.
Primarily used in the context of selling goods/services
Sawaira Riaz
Sep 30, 2023

Involves

Discussion and compromise between buyer and seller.
Typically does not involve negotiation.
Sawaira Riaz
Sep 30, 2023

Focus

On the deal or transaction as beneficial for all parties.
On reducing the purchase cost for the buyer.
Harlon Moss
Sep 30, 2023

Bargain and Discount Definitions

Bargain

The act of negotiating the terms of a transaction.
After a lengthy bargain, they settled on a fair price.
Sawaira Riaz
Sep 30, 2023
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Discount

A reduction of the original price.
The store offered a 20% discount on selected items.
Sawaira Riaz
Sep 30, 2023

Bargain

A commitment made between parties on specific terms.
They struck a bargain to maintain peace.
Aimie Carlson
Sep 30, 2023

Discount

A concession in price to attract the buyer.
The company provides discounts to regular customers.
Janet White
Sep 30, 2023

Bargain

An agreement between parties fixing obligations that each promises to carry out.
Sawaira Riaz
Feb 08, 2023

Discount

To sell or offer for sale at a reduced price
Discounting all merchandise.
Sawaira Riaz
Feb 08, 2023

Bargain

An agreement establishing the terms of a sale or exchange of goods or services
Reached a bargain with the antique dealer over the lamp.
Sawaira Riaz
Feb 08, 2023

Discount

To reduce in quantity or value
Discount a price.
Sawaira Riaz
Feb 08, 2023

Bargain

Property acquired or services rendered as a result of such an agreement.
Sawaira Riaz
Feb 08, 2023

Discount

To deduct or subtract from a cost or price
Discounted 30 dollars off the price of the coat.
Sawaira Riaz
Feb 08, 2023

Bargain

Something offered or acquired at a price advantageous to the buyer
That silk dress is a bargain at that price.
Sawaira Riaz
Feb 08, 2023

Discount

To determine the present value of (a future payment or series of payments).
Sawaira Riaz
Feb 08, 2023

Bargain

To negotiate the terms of an agreement, as to sell or exchange.
Sawaira Riaz
Feb 08, 2023

Discount

To price (a bond or other debt security) at a reduction to its face value, especially in place of a coupon.
Sawaira Riaz
Feb 08, 2023

Bargain

To engage in collective bargaining.
Sawaira Riaz
Feb 08, 2023

Discount

To disregard or doubt (something) as being exaggerated or untrustworthy
Discount a rumor.
Sawaira Riaz
Feb 08, 2023

Bargain

To arrive at an agreement.
Sawaira Riaz
Feb 08, 2023

Discount

To underestimate the significance or effectiveness of; minimize
I made sure in my report not to discount your accomplishments.
Sawaira Riaz
Feb 08, 2023

Bargain

To exchange; trade
Bargained my watch for a meal.
Sawaira Riaz
Feb 08, 2023

Discount

To anticipate and make allowance for; reckon with in advance.
Sawaira Riaz
Feb 08, 2023

Bargain

An agreement between parties concerning the sale of property; or a contract by which one party binds himself to transfer the right to some property for a consideration, and the other party binds himself to receive the property and pay the consideration.
Sawaira Riaz
Feb 08, 2023

Discount

A reduction from the full or standard amount of a price or value.
Sawaira Riaz
Feb 08, 2023

Bargain

An agreement or stipulation; mutual pledge.
Sawaira Riaz
Feb 08, 2023

Discount

The amount by which the face value of a bond or other debt security exceeds its market price.
Sawaira Riaz
Feb 08, 2023

Bargain

An item purchased for significantly less than the usual, or recommended, price
Sawaira Riaz
Feb 08, 2023

Discount

Offering products or services for sale at low or reduced prices
A discount retailer.
A discount airline.
Sawaira Riaz
Feb 08, 2023

Bargain

A gainful transaction; an advantageous purchase.
To buy a thing at a bargain
At that price, it's not just a bargain, it's a steal.
Sawaira Riaz
Feb 08, 2023

Discount

Sold or offered for sale at a low or reduced price
Discount merchandise.
Sawaira Riaz
Feb 08, 2023

Bargain

The thing stipulated or purchased.
Sawaira Riaz
Feb 08, 2023

Discount

Reduced in quantity or value
Discount airfares.
Sawaira Riaz
Feb 08, 2023

Bargain

(intransitive) To make a bargain; to make a deal or contract for the exchange of property or services; to negotiate
They had to bargain for a few minutes to get a decent price for the rug.
Sawaira Riaz
Feb 08, 2023

Discount

Priced below face value, especially in place of a coupon
A discount bond.
Sawaira Riaz
Feb 08, 2023

Bargain

(transitive) To transfer for a consideration; to barter; to trade
Sawaira Riaz
Feb 08, 2023

Discount

To deduct from an account, debt, charge, and the like.
Merchants sometimes discount five or six per cent for prompt payment of bills.
Sawaira Riaz
Feb 08, 2023

Bargain

An agreement between parties concerning the sale of property; or a contract by which one party binds himself to transfer the right to some property for a consideration, and the other party binds himself to receive the property and pay the consideration.
A contract is a bargain that is legally binding.
Sawaira Riaz
Feb 08, 2023

Discount

To lend money upon, deducting the discount or allowance for interest
The banks discount notes and bills of exchange
Sawaira Riaz
Feb 08, 2023

Bargain

An agreement or stipulation; mutual pledge.
And whon your honors mean to solemnizeThe bargain of your faith.
Sawaira Riaz
Feb 08, 2023

Discount

To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
Sawaira Riaz
Feb 08, 2023

Bargain

A purchase; also ( when not qualified), a gainful transaction; an advantageous purchase; as, to buy a thing at a bargain.
Sawaira Riaz
Feb 08, 2023

Discount

To leave out of account or regard as unimportant.
They discounted his comments.
They discounted his suggestion.
They discounted his idea.
Sawaira Riaz
Feb 08, 2023

Bargain

The thing stipulated or purchased; also, anything bought cheap.
She was too fond of her most filthy bargain.
Sawaira Riaz
Feb 08, 2023

Discount

To lend, or make a practice of lending, money, abating the discount
Sawaira Riaz
Feb 08, 2023

Bargain

To make a bargain; to make a contract for the exchange of property or services; - followed by with and for; as, to bargain with a farmer for a cow.
So worthless peasants bargain for their wives.
Sawaira Riaz
Feb 08, 2023

Discount

To believe, or act as though one believes, that one's own feelings are more important than the reality of a situation.
Sawaira Riaz
Feb 08, 2023

Bargain

To transfer for a consideration; to barter; to trade; as, to bargain one horse for another.
Sawaira Riaz
Feb 08, 2023

Discount

A reduction in price.
This store offers discounts on all its wares. That store specializes in discount wares, too.
Sawaira Riaz
Feb 08, 2023

Bargain

An agreement between parties (usually arrived at after discussion) fixing obligations of each;
He made a bargain with the devil
He rose to prominence through a series of shady deals
Sawaira Riaz
Feb 08, 2023

Discount

(finance) A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.
Sawaira Riaz
Feb 08, 2023

Bargain

An advantageous purchase;
She got a bargain at the auction
The stock was a real buy at that price
Sawaira Riaz
Feb 08, 2023

Discount

The rate of interest charged in discounting.
Sawaira Riaz
Feb 08, 2023

Bargain

Negotiate the terms of an exchange;
We bargained for a beautiful rug in the bazaar
Sawaira Riaz
Feb 08, 2023

Discount

(figurative) A lack or shortcoming.
Sawaira Riaz
Feb 08, 2023

Bargain

Come to terms; arrive at an agreement
Sawaira Riaz
Feb 08, 2023

Discount

The act of one who believes, or act as though they believe, that their own feelings are more important than the reality of a situation.
Sawaira Riaz
Feb 08, 2023

Bargain

A mutually beneficial agreement or transaction.
The buyer considered the antique vase a real bargain.
Janet White
Sep 30, 2023

Discount

Specializing in selling goods at reduced prices.
If you're looking for cheap clothes, there's a discount clothier around the corner.
Sawaira Riaz
Feb 08, 2023

Bargain

An item bought or sold at a price favorable to the buyer.
The shoppers were excited to find several bargains at the mall.
Harlon Moss
Sep 30, 2023

Discount

To deduct from an account, debt, charge, and the like; to make an abatement of; as, merchants sometimes discount five or six per cent for prompt payment of bills.
Sawaira Riaz
Feb 08, 2023

Bargain

A situation or contract believed to be advantageous.
The new employee accepted the job offer, considering it a good bargain.
Sara Rehman
Sep 30, 2023

Discount

To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange.
Discount only unexceptionable paper.
Sawaira Riaz
Feb 08, 2023

Discount

To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
Sawaira Riaz
Feb 08, 2023

Discount

To leave out of account; to take no notice of.
Of the three opinions (I discount Brown's).
Sawaira Riaz
Feb 08, 2023

Discount

To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.
Sawaira Riaz
Feb 08, 2023

Discount

A counting off or deduction made from a gross sum on any account whatever; an allowance upon an account, debt, demand, price asked, and the like; something taken or deducted.
Sawaira Riaz
Feb 08, 2023

Discount

A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.
Sawaira Riaz
Feb 08, 2023

Discount

The rate of interest charged in discounting.
Sawaira Riaz
Feb 08, 2023

Discount

The act of reducing the selling price of merchandise
Sawaira Riaz
Feb 08, 2023

Discount

Interest on an annual basis deducted in advance on a loan
Sawaira Riaz
Feb 08, 2023

Discount

A refund of some fraction of the amount paid
Sawaira Riaz
Feb 08, 2023

Discount

An amount or percentage deducted
Sawaira Riaz
Feb 08, 2023

Discount

Bar from attention or consideration;
She dismissed his advances
Sawaira Riaz
Feb 08, 2023

Discount

Give a reduction in price on;
I never discount these books-they sell like hot cakes
Sawaira Riaz
Feb 08, 2023

Discount

The amount by which the regular price of an item is reduced.
The customer received a discount of $10.
Sawaira Riaz
Sep 30, 2023

Discount

To deduct an amount or percentage from the total cost.
The seller decided to discount the damaged goods.
Janet White
Sep 30, 2023

Discount

A lower price offered on a product or service.
The members were given a discount on all purchases.
Sara Rehman
Sep 30, 2023

FAQs

Can a bargain involve negotiation between buyer and seller?

Yes, a bargain often involves negotiation and mutual agreement.
Sawaira Riaz
Sep 30, 2023

Can discounts be offered as a percentage of the original price?

Yes, discounts are often offered as a percentage reduction of the original price.
Sawaira Riaz
Sep 30, 2023

Are discounts used as a pricing strategy by sellers?

Absolutely, discounts are used as a pricing strategy to attract buyers.
Janet White
Sep 30, 2023

Is a discount a reduction in the original price?

Yes, a discount is a reduction applied to the original price of an item.
Sawaira Riaz
Sep 30, 2023

Can a discount be offered to regular customers as a form of loyalty reward?

Absolutely, many companies offer discounts to regular customers as a form of reward for their loyalty.
Sawaira Riaz
Sep 30, 2023

Can a bargain involve the act of negotiating the terms of a transaction?

Indeed, bargaining often involves negotiating the terms and conditions of a transaction.
Janet White
Sep 30, 2023

Can the term bargain be used outside of commercial transactions?

Absolutely, the term bargain can be used to denote agreements in various contexts beyond commercial transactions.
Sawaira Riaz
Sep 30, 2023

Is a bargain perceived as beneficial by all parties involved?

Typically, a bargain is perceived as beneficial by all parties involved in the agreement.
Sara Rehman
Sep 30, 2023

Can a bargain also refer to an advantageous situation or contract?

Yes, a bargain can refer to any situation or contract believed to be advantageous.
Sara Rehman
Sep 30, 2023

Does the concept of a bargain focus on mutual agreement?

Yes, the essence of a bargain lies in mutual agreement and perceived beneficial outcome for all involved parties.
Harlon Moss
Sep 30, 2023

Is the concept of a bargain limited to the context of selling goods and services?

No, the concept of a bargain is not limited to commercial transactions and can apply to various agreements and commitments.
Harlon Moss
Sep 30, 2023

Are discounts typically predetermined?

Yes, discounts are usually predetermined and do not involve negotiation.
Sawaira Riaz
Sep 30, 2023

Can a discount be given on damaged goods?

Yes, damaged goods are often sold at a discount.
Janet White
Sep 30, 2023

Is a bargain always related to purchasing goods?

No, the term bargain can be used more broadly to denote agreements in various situations.
Janet White
Sep 30, 2023

Is the concept of a discount specifically tied to pricing?

Yes, the concept of discount is specifically tied to the reduction in the original price of goods or services.
Sawaira Riaz
Sep 30, 2023
About Author
Written by
Sawaira Riaz
Sawaira is a dedicated content editor at difference.wiki, where she meticulously refines articles to ensure clarity and accuracy. With a keen eye for detail, she upholds the site's commitment to delivering insightful and precise content.
Edited by
Sumera Saeed
Sumera is an experienced content writer and editor with a niche in comparative analysis. At Diffeence Wiki, she crafts clear and unbiased comparisons to guide readers in making informed decisions. With a dedication to thorough research and quality, Sumera's work stands out in the digital realm. Off the clock, she enjoys reading and exploring diverse cultures.

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