discount: Meaning and Definition of
Pronunciation: (v.dis'kount, dis-kount'n., adj.dis'kount), [key]
- to deduct a certain amount from (a bill, charge, etc.): All bills that are paid promptly will be discounted at two percent.
- to offer for sale or sell at a reduced price: The store discounted all clothing for the sale.
- to advance or lend money with deduction of interest on (commercial paper not immediately payable).
- to purchase or sell (a bill or note) before maturity at a reduction based on the interest for the time it still has to run.
- to leave out of account; disregard: Even if we discount the irrelevant material, the thesis remains mediocre.
- to allow for exaggeration in (a statement, opinion, etc.): Knowing his political bias they discounted most of his story.
- to take into account in advance, often so as to diminish the effect of: They had discounted the effect of a decline in the stock market.
- to advance or lend money after deduction of interest.
- to offer goods or services at a reduced price.
- the act or an instance of discounting.
- an amount deducted from the usual list price.
- any deduction from the nominal value.
- a payment of interest in advance upon a loan of money.
- the amount of interest obtained by one who discounts.
- an allowance made for exaggeration or bias, as in a report, story, etc.: Even after all the discounts are taken, his story sounds phony.
- His excuses were taken at a discount by all who knew him.
- Com.below par.
- below the usual list price.
- in low esteem or regard:His excuses were taken at a discount by all who knew him.
- not in demand; unwanted:Such ancient superstitions are at a discount in a civilized society.
- selling or offered at less than the usual or established price: discount theater tickets.
- selling goods at a discount: a discount drugstore.
- discount (Thesaurus)