deep discount

noun

1. a discount far larger than normally offered.

Example Sentences

The price is a deep discount from the building’s appraised value of $632 million in 2020, underscoring how much downtown office values have fallen in recent years.

From Los Angeles Times

The proposed price is a deep discount from the building’s appraised value of $632 million in 2020, underscoring how much downtown office values have fallen in recent years.

From Los Angeles Times

The price is a deep discount from its appraised value of $632 million in 2020, underscoring how much downtown office values have fallen in recent years.

From Los Angeles Times

Owners may not have yet started renovations or they could have acquired the property at a deep discount — maybe out of foreclosure — and didn’t need to raise rent as much to earn their return.

From Los Angeles Times

After a lengthy renovation in 1989, when the mall was renamed as the Third Street Promenade, real estate developer Shaul Kuba and his partners started acquiring troubled properties on the Promenade at a deep discount and set out to find a flashy national tenant that could serve as a bellwether.

From Los Angeles Times