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discount - Meaning and Examples

Meaning of 'discount' (Webster Dictionary)

1 . Discount [ v.]
- 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 lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange.
- To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
- To leave out of account; to take no notice of.
2 . Discount [ v. i.]
- To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.
3 . Discount [ v. t.]
- 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.
- A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.
- The rate of interest charged in discounting.

Meaning of 'discount' (Princeton's WordNet)

1 . discount [ v]
Meaning (1):
- give a reduction in price on
Example in sentence:
  • I never discount these books-they sell like hot cakes
Meaning (2):
- bar from attention or consideration
Example in sentence:
  • She dismissed his advances

Nearby Words:

dis dis- disabilities disability disable disabled disablement disabling disabuse disabused

See 'discount' also in:

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