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Meaning of “reduction” in the English Dictionary

"reduction" in British English

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reductionnoun

uk   /rɪˈdʌk.ʃən/  us   /rɪˈdʌk.ʃən/
B2 [C or U] the ​act of making something, or of something ​becoming, ​smaller in ​size, ​amount, ​degree, ​importance, etc.: a reduction intraffic huge price reductions
[C] a ​copy of a ​photograph, ​picture, etc. that is ​smaller than the ​original one

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(Definition of reduction from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"reduction" in Business English

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reductionnoun

uk   us   /rɪˈdʌkʃən/
[C or U] the ​process of making something less in ​price, ​size, ​amount, etc., or the fact of it becoming less: a reduction in sth The ​cutbacks have ​required a 10% reduction in ​staffnumbers. Policyholders will be preparing themselves for further reductions in ​bonuses on ​maturingpolicies.a dramatic/significant/substantial reduction I was warned of a significant reduction in the ​projectedpayout. a gradual/slight/​steady reductiondebt/deficit/spending reduction The emphasis is on ​long-termdebt reduction.rate/tariff/tax reduction Banks have announced ​mortgagerate reductions to bolster the ​housingmarket. poverty reduction emissions/greenhouse ​gas reductions cost reduction ​programs/​targets
[C] COMMERCE an ​amount by which the ​price of something is ​reduced: to get/make a reduction on sth I got a reduction on the skirt because there was a ​button missing.big/massive reductions Stores are ​offeringbig reductions this ​weekend.
(Definition of reduction from the Cambridge Business English Dictionary © Cambridge University Press)
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“reduction” in Business English

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