package deal

noun

Definition of package deal

1 : an offer or agreement involving a number of related items or one making acceptance of one item dependent on the acceptance of another

2 : the items offered in a package deal

Examples of package deal in a Sentence

They presented their proposals to the committee as a package deal.

Recent Examples on the Web

The shoes were offered in a package deal with a one-year subscription to either of BANG’s papers — the Mercury News, East Bay Times or Marin Independent Journal — for $179.99. — Jon Becker, The Mercury News, "Klay Thompson’s East Bay Times-themed shoes sell out quickly," 8 July 2019 At a summit on June 20th-21st the European Council of leaders aspires to pull off a package deal covering the key roles. — The Economist, "The ECB presidency is distinct but not immune from backroom deals," 15 June 2019 World-building for five shows at once is a complicated endeavor, and to Rosenberg, Jessica Jones never worked well as part of such an ambitious package deal. — Shirley Li, The Atlantic, "The Marvel-Netflix Universe’s Final Hero," 14 June 2019 And with these stars-on-the-rise comes the second half of their package deal: the moms. — Blake Bakkila, Good Housekeeping, "Everything We Know About 'Dance Moms' Season 8," 14 May 2019 Amazon also sells the 500GB Recast, a Fire TV Stick 4K, and an antenna as a package deal for $244. — Chris Welch, The Verge, "The Verge Cord Cutter’s Guide: hardware, software, and services," 20 Dec. 2018 Plan ahead — tickets are easiest to obtain in a one- or two-night package deal that includes hotel, ticket, dinner and a shuttle (www.passionsspiele-oberammergau.de). — Rick Steves' Europe, The Seattle Times, "What’s new in Germany and the Low Countries for 2019," 23 Jan. 2019 The catch is that China’s package deals are government orchestrated and require borrowing from its banks to pay its contractors. — James T. Areddy, WSJ, "Trophy Infrastructure, Troublesome Debt: China Makes Inroads in Europe," 5 Nov. 2018 The Legislature just agreed to make the sales tax holiday a permanent summer tradition, as part of a package deal that included a minimum wage increase and paid family leave. — Jon Chesto, BostonGlobe.com, "Lawmakers hope tax credits can help fill vacant storefronts," 9 July 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'package deal.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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Statistics for package deal

Last Updated

12 Jul 2019

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Time Traveler for package deal

The first known use of package deal was circa 1948

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More Definitions for package deal

package deal

noun

Financial Definition of package deal

What It Is

A package deal combines several products, discounts, features or services as one transaction.

How It Works

Let's say John Doe is considering taking a cruise. He could purchase his airfare and cruise separately for $500 and $1,500, respectively, or he could book the airfare through the cruise line and get a package deal for $1,800. By doing the package deal, he would save $200.

Why It Matters

Package deals occur throughout the consumer world. In many cases, they provide a way for a buyer to save money by purchasing a group of things he or she wants anyway and receive a reduced price. Often, package deals are available from vendors who are able to buy the items in bulk.

However, package deals often include items, products or services the consumer does not want. For example, cable subscription packages often include several channels that the consumer does not want or watch. Accordingly, promises of "all this for just $19.99 a month" can sometimes create situations in which consumers pay more than they would if they purchased the items separately.

Source: Investing Answers

package deal

noun