v. t.1.To deduct from an account, debt, charge, and the like; to make an abatement of; as, merchants sometimes discount five or six per cent for prompt payment of bills.
[imp. & p. p. Discounted; p. pr. & vb. n. Discounting.]
2.To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange.
Discount only unexceptionable paper.
- Walsh.
3.To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
4.To leave out of account; to take no notice of.
Of the three opinions (I discount Brown's).
- Sir W. Hamilton.
v. i.1.To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.
n.1.A counting off or deduction made from a gross sum on any account whatever; an allowance upon an account, debt, demand, price asked, and the like; something taken or deducted.
2.A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.
3.The rate of interest charged in discounting.
At a discount
below par, or below the nominal value; hence, colloquially, out of favor; poorly esteemed; depreciated.
Bank discount
a sum equal to the interest at a given rate on the principal (face) of a bill or note from the time of discounting until it become due.
Discount broker
one who makes a business of discounting commercial paper; a bill broker.
Discount day
a particular day of the week when a bank discounts bills.
True discount
the interest which, added to a principal, will equal the face of a note when it becomes due. The principal yielding this interest is the present value of the note.
Noun1.discount - the act of reducing the selling price of merchandise
2.discount - interest on an annual basis deducted in advance on a loan
3.Discountdiscount - a refund of some fraction of the amount paid
Synonyms: rebate
4.discount - an amount or percentage deducted
Synonyms: deduction
Verb1.discount - bar from attention or consideration; "She dismissed his advances"
2.discount - give a reduction in price on; "I never discount these books-they sell like hot cakes"

DISCOUNT, practice. A set off, or defalcation in an action. Vin. Ab. h.t. DISCOUNT, contracts. An allowance made upon prompt payment in the purchase of goods; it is also the interest allowed in advancing money upon bills of exchange, or other negotiable securities due at a future time And to discount, signifies the act of buying a bill of exchange, or promissory note for a less sum than that which upon its face, is payable.
     2. Among merchants, the term used when a bill of exchange is transferred, is, that the bill is sold, and not that it is discounted. See Poth. De l'Usure, n. 128 3 Pet. R. 40.

abate, abatement, abjure, abuse, admit, admit exceptions, allow, allow for, allowance, bate, belittle, blink at, borrow, brush aside, brush off, charge off, chuck, chuck out, concede, consider, consider the circumstances, consider the source, contemn, contradict, cut, decline, deduct, deduction, deny, depreciate, derogate, despise, detract from, diminish, disapprove, discard, disclaim, discount notes, disdain, dismiss, disown, disparage, dispraise, disregard, draw back, except, exclude, fail, forget, forswear, gloss over, grant, ignore, kick back, knock off, lend, lessen, lift temporarily, lower, make allowance, make allowance for, mark down, minimize, omit, overlook, overpass, pass by, pass over, pass up, provide for, push aside, rebate, rebuff, recant, reduce, reduction, refund, refuse, refuse to consider, reject, relax, relax the condition, renounce, repel, repudiate, repulse, scout, set aside, shave, shove away, slight, spurn, subtract, subtraction, take, take a premium, take account of, take away, take into account, take into consideration, take off, take out, throw away, throw out, turn away, turn out, waive, write off
Translate Discount to Spanish, Translate Discount to German, Translate Discount to French
-- Discount --
Discount broker
discount business
discount chain
Discount day
discount house
discount rate
discount store
Definitions Index: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

About this site and copyright information - Online Dictionary Home - Privacy Policy