Adjacent Words

Discount definitions

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Webster's 1828 Dictionary

DISCOUNT, n. [See Count. Literally, a counting back or from.]
1. A sum deducted for prompt or advanced payment; an allowance or deduction from a sum due, or from a credit; a certain rate per cent deducted from the credit price of goods sold, on account of prompt payment; or any deduction from the customary price, or from a sum due or to be due at a future time. Thus the merchant who gives a credit of three months will deduct a certain rate per cent for payment in hand, and the holder of a note or bill of exchange will deduct a certain rate per cent of the amount of the note or bill for advanced payment, which deduction is called a discount.
2. Among bankers, the deduction of a sum for advanced payment; particularly, the deduction of the interest on a sum lent, at the time of lending. The discounts at banking institutions are usually the amount of legal interest paid by the borrower, and deducted from the sum borrowed, at the commencement of the credit.
3. The sum deducted or refunded; as, the discount was five per cent.
4. The act of discounting. A note is lodged in the bank for discount. The banks have suspended discounts.
DISCOUNT, v.t.
1. To deduct a certain sum or rate per cent from the principal sum. Merchants discount five or six per cent, for prompt or for advanced payment.
2. To lend or advance the amount of, deducting the interest or other rate per cent from the principal, at the time of the loan or advance. The banks discount notes and bills of exchange, on good security.
The first rule--to discount only unexceptionable paper.
DISCOUNT, v.i. To lend or make a practice of lending money, deducting the interest at the time of the loan. The banks discount for sixty or ninety days, sometimes for longer terms.

WordNet (r) 3.0 (2005)

n
1: the act of reducing the selling price of merchandise [syn: discount, price reduction, deduction]
2: interest on an annual basis deducted in advance on a loan [syn: discount rate, discount, bank discount]
3: a refund of some fraction of the amount paid [syn: rebate, discount]
4: an amount or percentage deducted [syn: deduction, discount] v
1: bar from attention or consideration; "She dismissed his advances" [syn: dismiss, disregard, brush aside, brush off, discount, push aside, ignore]
2: give a reduction in price on; "I never discount these books- they sell like hot cakes"

Merriam Webster's

I. noun Date: 1622 1. a reduction made from the gross amount or value of something: as a. (1) a reduction made from a regular or list price (2) a proportionate deduction from a debt account usually made for cash or prompt payment b. a deduction made for interest in advancing money upon or purchasing a bill or note not due 2. the act or practice of discounting 3. a deduction taken or allowance made II. verb Etymology: modification of French décompter, from Old French desconter, from Medieval Latin discomputare, from Latin dis- + computare to count — more at count Date: 1629 transitive verb 1. a. to make a deduction from usually for cash or prompt payment <a discounted price> b. to sell or offer for sale at a discount <discounting last year's model> 2. to lend money on after deducting the discount 3. a. to leave out of account ; disregard b. to minimize the importance of <shouldn't discount his contributions> c. (1) to make allowance for bias or exaggeration in (2) to view with doubt <discount a rumor> d. to take into account (as a future event) in present calculations intransitive verb to give or make discounts • discounter noun III. adjective Date: 1863 1. a. selling goods or services at a discount <discount stores> <a discount broker> <discount airlines> b. offered or sold at a discount <discount tickets> 2. reflecting a discount <discount prices>

Oxford Reference Dictionary

n. & v. --n. 1 a deduction from a bill or amount due given esp. in consideration of prompt or advance payment or to a special class of buyers. 2 a deduction from the amount of a bill of exchange etc. by a person who gives value for it before it is due. 3 the act or an instance of discounting. --v.tr. 1 disregard as being unreliable or unimportant (discounted his story). 2 reduce the effect of (an event etc.) by previous action. 3 detract from; lessen; deduct (esp. an amount from a bill etc.). 4 give or get the present worth of (a bill not yet due). Phrases and idioms: at a discount 1 below the nominal or usual price (cf. PREMIUM). 2 not in demand; depreciated. discount house 1 Brit. a firm that discounts bills. 2 US = discount store. discount rate US the minimum lending rate. discount store esp. US a shop etc. that sells goods at less than the normal retail price. Derivatives: discountable adj. discounter n. Etymology: obs. F descompte, -conte, descompter or It. (di)scontare (as DIS-, COUNT(1))

Webster's 1913 Dictionary

Discount Dis"count` (?; 277), v. i. To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.

Webster's 1913 Dictionary

Discount Dis"count`, n. [Cf. F. d['e]compte. See Discount, v. t.] 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.

Webster's 1913 Dictionary

Discount Dis"count` (?; 277), v. t. [imp. & p. p. Discounted; p. pr. & vb. n. Discounting.] [OF. desconter, descompter, to deduct, F. d['e]compter to discount; pref. des- (L. dis-) + conter, compter. See Count, v.] 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. 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. [R.] Of the three opinions (I discount Brown's). --Sir W. Hamilton.

Collin's Cobuild Dictionary

(discounted) Frequency: The word is one of the 3000 most common words in English. 1. A discount is a reduction in the usual price of something. They are often available at a discount... Full-time staff get a 20 per cent discount. N-COUNT 2. If a shop or company discounts an amount or percentage from something that they are selling, they take the amount or percentage off the usual price. This has forced airlines to discount fares heavily in order to spur demand... VERB: V n 3. If you discount an idea, fact, or theory, you consider that it is not true, not important, or not relevant. However, traders tended to discount the rumor... = disregard VERB: V n

Soule's Dictionary of English Synonyms

n. Allowance, deduction, reduction, drawback, abatement, rebate.

Foolish Dictionary

Something often sold in place of goods.

Moby Thesaurus

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