Discount
English Meaning
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.
- To deduct or subtract from a cost or price.
- To purchase or sell (a bill, note, or other commercial paper) at a reduction equal to the amount of interest that will accumulate before it matures.
- To lend money on (a commercial paper not immediately payable) after deducting the interest.
- To sell or offer for sale at a reduced price.
- To reduce in quantity or value.
- To leave out of account as being untrustworthy or exaggerated; disregard: discount a rumor.
- To underestimate the significance or effectiveness of; minimize: took care not to discount his wife's accomplishments.
- To regard with doubt or disbelief.
- To anticipate and make allowance for; reckon with in advance.
- To lend money after deduction of interest.
- A reduction from the full or standard amount of a price or debt.
- The interest deducted prior to purchasing, selling, or lending a commercial paper; the discount rate.
- The act or an instance of discounting a bill of exchange, note, or other commercial paper.