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 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 The Chinese military base in Djibouti included huge investment deals and developmental projects that were signed into the base package deal. — Lina Benabdallah, Washington Post, "China-Africa military ties have deepened. Here are 4 things to know.," 6 July 2018 This homegrown package deal, dad and two top-25 recruits, was such an easy success story to write. — Joan Niesen, SI.com, "The Mystery That Is Michael Porter Jr.," 19 June 2018 Tickets start at $25 in advance for the daytime, $35 in advance for the evening (starts at 5 p.m.) with package deals available. — Trevor Fraser, OrlandoSentinel.com, "Gay Days: Plenty of ways to celebrate," 29 May 2018 Then, the Three Stripes finally announced the sneaker themselves and the Yung-1 saw its first major stateside release earlier this month as part of a $1,500-or-nothing package deal with the minimalist brand Wardrobe NYC. — Tyler Watamanuk, GQ, "Adidas's Hardest-To-Get Sneaker Can Finally Be Yours," 28 June 2018 Given the arrival of Symdeko, some analysts said New York would be smart to negotiate a package deal for all three of Vertex’s cystic fibrosis drugs, similar to a deal recently made with Ireland. — Katie Thomas, New York Times, "A Drug Costs $272,000 a Year. Not So Fast, Says New York State.," 24 June 2018 Others are package deals for two or three baseballs signed by entire teams or an individual player such as Yogi Berra, Maury Wills and Ernie Banks. — Mike Hendricks, kansascity, "Missouri attorney general investigating Frank White's personal financial dealings," 15 June 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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Last Updated

15 Nov 2018

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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