Dis´count`

Noun | 1. | discount - the act of reducing the selling price of merchandise |

2. | discount - interest on an annual basis deducted in advance on a loan | |

3. | discount - a refund of some fraction of the amount paidSynonyms: rebate | |

4. | discount - an amount or percentage deductedSynonyms: deduction | |

Verb | 1. | 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.

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**-- Discount --**

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