Consumer Terms · glossary

Price reduction

Money back for the part of the price a fault took away. The customer gets it if repair or replacement is impossible, too slow or too much trouble. It may be the whole price, paid within 14 days of agreeing it. Terms, clause 8.1 · Chapter 4 · see Repair or replacement

Explained in Chapter 4, Digital Content Rights: Faults, Repairs and Refunds, of Consumer Terms.

How it comes up, in Chapter 4
A price reduction is money back for the part of the price the fault took away. If a plan is useless and cannot be fixed, the reduction may be the whole £10. Seedlark must pay it within 14 days of agreeing that it is due.
Read Chapter 4, Digital Content Rights: Faults, Repairs and Refunds →

Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.

Related terms

Where this term lives

This term is part of one fictional gardening app's launch, with every document attached and a test after every chapter. Open Consumer Terms → · All terms A–Z →