die Vergünstigung
Translation
discount, benefit, concession, perk
Examples
Studenten erhalten eine Vergünstigung.
Students receive a discount.
Mitarbeiter bekommen besondere Vergünstigungen.
Employees get special benefits.
Grammar Patterns
to receive/get a discount/benefit ((for sb.)) Als Mitglied erhalten Sie eine Vergünstigung.
Similar Words
der Rabatt (discount), der Nachlass (rebate), der Vorteil (advantage)
Etymology
Derived from the adjective 'günstig' (favorable, cheap). The prefix 'ver-' and suffix '-ung' turn it into a noun, meaning 'the act of making something more favorable'.
Memory Tips
Think of it as something that makes a situation more 'günstig' (favorable) for you.