afsænkning

Afsænkning is a term used in Icelandic to denote a downward adjustment or reduction of a value, price, or target that was previously set at a higher level. The word combines af- meaning away or removal with sænkning, which means lowering or decline. In practical use, the term is most common in commercial contexts to describe a price reduction offered to customers, similar to a sale or discount. For example, a retailer might announce an afsænkning on winter clothing to stimulate sales.

Beyond retail, afsænkning can refer to downward revisions in estimates or projections, such as a company's forecast, a budget, or policy targets. It signals a deliberate adjustment downward rather than a one-off price cut. In scholarly and formal writing, afsænkning is treated as a neutral technical term describing a downward revision, rather than a value judgment.

Depending on context, English translations include discount, price reduction, or downward revision. See also: price cut, discount, reduction, revision, depreciation.

Note: Afsænkning is primarily used in Icelandic; when translating, context determines whether "discount" or "downward revision" is appropriate.