package deal

noun

|Updated on: 9 Aug 2018

Examples: package deal in a Sentence

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

See package deal defined for English-language learners

See package deal defined for kids

Examples of package deal in a Sentence

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

Recent Examples of package deal from the Web

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
Therefore, the package deal is more like peanut butter and motor oil.

— peter dunn, Indianapolis Star, "Pete the Planner: High deductible makes HSAs unaffordable for many people," 13 June 2018
Regular therapy starts at $35 per session; other package deals are available.

— jordyn noennig, Milwaukee Journal Sentinel, "Have respiratory and sinus problems? Salt therapy could help. It did for me.," 25 May 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.

First Known Use of package deal

circa 1948

in the meaning defined at sense 1

See Words from the same year

NEW! Time Traveler

Financial Definition of PACKAGE DEAL

package deal

noun

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