Meaning of DISCOUNT in English

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.

Use in sentences of DISCOUNT

Meaning of DISCOUNT in English

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.
To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.
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.