discount

  1. Verb.  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. Verb.  To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange.
  3. Verb.  To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
  4. Verb.  To leave out of account; to take no notice of.
  5. Verb.  To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.
  6. Noun.  A reduction in price.
  7. Noun.  A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.
  8. Noun.  The rate of interest charged in discounting.
  9. Adjective.  Of goods, available at reduced prices; discounted.
  10. Adjective.  Of a store, specializing in goods at reduced prices.

This is an unmodified, but possibly outdated, definition from Wiktionary and used here under the Creative Commons license. Wiktionary is a great resource. If you like it too, please donate to Wikimedia.

This entry was last updated on RefTopia from its source on 3/20/2012.