discount
discount: n. & v. --n.
1 a deduction from a bill or amount due given esp. in consideration of prompt or advance payment or to a special class of buyers.
2 a deduction from the amount of a bill of exchange etc. by a person who gives value for it before it is due.
3 the act or an instance of discounting. --v.tr.
1 disregard as being unreliable or unimportant (discounted his story).
2 reduce the effect of (an event etc.) by previous action.
3 detract from; lessen; deduct (esp. an amount from a bill etc.).
4 give or get the present worth of (a bill not yet due). at a discount 1 below the nominal or usual price (cf. PREMIUM).
2 not in demand; depreciated. discount house 1 Brit. a firm that discounts bills.
2 US = discount store. discount rate US the minimum lending rate. discount store esp. US a shop etc. that sells goods at less than the normal retail price. discountable adj. discounter n. [obs. F descompte, -conte, descompter or It. (di)scontare (as DIS-, COUNT(1))]
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