What does reducing mean?
Let’s take a quick look at the definition of reduce: to lessen or diminish in size, amount, number, or force, especially in a gradual way. When it comes to credit and debt, reducing means paying off debt and using a budget so you don’t end up in debt in the first place.
What does the word reduction mean in Spanish?
In Spanish, when we talk about a reduction, we usually refer to a smaller portion of something. The word “reducir” is often used in the context of food. For example, you can “ reduce chicken to make chicken soup, or you can reduce a cake to make a smaller version of a layer cake.
What does a reduction mean in Spanish?
A reduction is a discounted price, especially for food, which is below the cost of the product. It’s usually given in exchange for a longer period of time to pay off the debt. A 20% discount on a $100 meal is a 50% reduction.
What does the word reducing mean in Spanish?
In order to reduce something, you have to make it smaller. This applies to any tangible object, like a car, a pile of books, or a human being. You can also reduce something intangible, like a debt. In business, you can reduce the number of employees you have or the amount of a certain product you sell.
What does reducing mean in Spanish?
If you have a mortgage, you might be required to reduce the amount you owe if your income decreases. For example, if your mortgage payment is $1,500 per month and your income drops to $1,400 per month, you might be asked to reduce your mortgage payment by $50 per month. This may seem like a small amount, but it adds up. In order to pay the reduced amount, you may need to spend less or budget differently.