Definify.com

Webster 1913 Edition

Discount

Dis′countˊ

(?; 277)
,
Verb.
T.
[
imp. & p. p.
Discounted
;
p. pr. & vb. n.
Discounting
.]
[OF.
desconter
,
descompter
, to deduct, F.
décompter
to discount; pref.
des-
(L.
dis-
) +
conter
,
compter
. See
Count
,
Verb.
]
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.

Dis′countˊ

(?; 277)
,
Verb.
I.
To lend, or make a practice of lending, money, abating the discount;
as, the
discount
for sixty or ninety days
.

Dis′countˊ

,
Noun.
[Cf. F.
décompte
. See
Discount
,
Verb.
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 1828 Edition

Discount

DISCOUNT

,
Noun.
[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

,
Verb.
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

,
Verb.
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.

Definition 2024

Discount

Discount

See also: discount

German

Noun

Discount m ‎(genitive Discounts, plural Discounts)

  1. discount (reduction in price)
  2. discounter (shop)

Declension

discount

discount

See also: Discount

English

Verb

discount ‎(third-person singular simple present discounts, present participle discounting, simple past and past participle discounted)

  1. To deduct from an account, debt, charge, and the like; to make an abatement of.
    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.
    • Walsh
      Discount only unexceptionable paper.
  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.
    • Sir William Hamilton
      Of the three opinions, (I discount Brown's), under this head, one supposes that the law of Causality is a positive affirmation, and a primary fact of thought, incapable of all further analysis.
    They discounted his comments.
  5. To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.

Translations

Noun

discount ‎(plural discounts)

  1. A reduction in price.
    This store offers discounts on all its wares. That store specializes in discount wares, too.
  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.

Synonyms

Antonyms

Derived terms

Descendants

Translations

Adjective

discount ‎(not comparable)

  1. (of a store) Specializing in selling goods at reduced prices.
    If you're looking for cheap clothes, there's a discount clothier around the corner.

Anagrams

Italian

Etymology

From English.

Noun

discount m ‎(invariable)

  1. discount store

Etymology

From English discount.

Pronunciation

  • IPA(key): [dɪsˈkaʊ̯nt]

Similar Results